FINALLY, a story that shows that the core of the current financial rot came from the top. Had it not been for permissive and encouraging regulators, the loan products that put people into homes they could not ultimately afford wouldn't have been offered.

Yet another story about yet another Bushie scandal. Everyone is missing the real point of this administration. Jackson didn't become corrupt, tuning to favoritism and cronyism. He started out that way. And he didn't "ignore" warnings about the impending crisis--like every other Bushie, he didn't care. His missiion was to serve special interests: the mortgage industry and developers. Like every ultra conservative, it's never been about helping Americans, it's always been about giving special interests everything they demand and finding ways to get Americans to buy their B.S. justifications.

A good story about HUD and the president's wish to increase home ownership during his tenure. However it needed to be balanced against the sub-prime mortgage costs created by private lenders to get the whole picture. HUD owns a piece of this disaster but we can't tell how big a piece from this article.