credit crunch blame game


i have been hearing all sorts of stuff on who is to blame…

can anyone describe who is actually to blame for the credit crunch?


Far too many factors to explain as far as I know.
I think the Times Online does a good job of summing up some of the simple ideas and explaining it in a few different ways!
Try their page:

Although I’m not from a finance and business background so only know the basics from what I have researching papers, the news and discussing it with friends and work mates, so apologies if you were after a more in depth explanation!!


Check this thread - [[Origins of Subprime Crisis]]