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AKAPAK

02/18/09 3:11 PM

#195281 RE: rbl100 #195279

Please watch CNBC special "House of Cards" for unbiased history of how we got into this funk.

Everyone had a piece in it, and Wall Street / banks was the tipping point with the sub-prime loans (Read - not CRA program). It was noted that Countrywide changed the rules when Freddie / Fannie sidelined with auditing problems.

BR