A case study in housing collapse
Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing.
But if you want to understand how we got into this mess, the stucco house at 4809 N 17th St. isn't a bad place to start.
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In the examples cited, it is challenging to find someone with whom to sympathize. Almost worse than the sleazy deals described, the reader comments below the article can perhaps give an idea of how these frauds continue. The question is, who will pay the price for this? So far, the answer: US taxpayers. Will someone kindly explain just how it is more important to punish and evict, say, an honest foreign worker who happens to be here without papers, than it is to track these unindicted criminals and wring the ill-gotten money out of their assets to reimburse taxpayers?