Must See Explanation of Sub-Prime Mortgage Collapse
March 15, 2010
Best selling author and former Salomon Brothers bond trader Michael Lewis gives an insider’s perspective on what caused the sub-prime mortgage collapse. His blunt explanation and brutal analysis cut through all the excuses and lay blame directly on Wall Street. Click here to see part of his riveting interview with 60 minutes Correspondent Steve Kroft. Click here for more.
The video is one in a series of excerpts from Lewis. He discusses the multi million dollar bonuses to the government bail-out and the uncertain long term effects of the financial disaster on the economy. Click here to watch more of the 60 Minute interview with Michael Lewis.
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