credit crunch blame game

#1

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?

#2

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: http://www.timesonline.co.uk/tol/money/reader_guides/article4530072.ece

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!!

#3

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