AEI’s March 28, 2007 Subprime Seminar - VI
Doom’s effort to produce a complete transcript of AEI’s March 28th seminar on the Subprime Mortgage Crisis [1] is now about one half done. The plan from this point is to start at the beginning and work through the segments not yet covered.
Seminar moderator Alex Pollock did a good job of teeing up the discussion. He helped put the subprime meltdown into perspective by quoting a famous 19th century economics journalist on that era’s bubbles and manias. We in the 21st century may have made progress in lots of areas, but on this story it would seem that we’ve not advanced at all. Pollock frequently writes on housing and banking issues, and is often asked for expert testimony. In fact his most recent effort [2] was published just yesterday.
