Over at SLOP, Scott Lewis wonders what I think of developer Sherm Harmer&039;s assertion that nobody anticipated the troubles in the subprime mortgage market. Scott quotes Harmer as saying, "We did not anticipate the subprime financing issues," and then, referring to those issues, "It was not on anybody&039;s radar screen. It surprised the best banks, the best investors. No economist p[...]
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[Source: The Money Blogs]
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