More on the Florida Financing Fiasco

Some e-mail feedback on the last post reveals that David Evans and co-authors at Bloomberg Markets Magazine have been on the case for months. This is very good investigative reporting of the subprime meltdown in financial markets and the case of Florida in particular. Put these on your required reading list:

• Peddling Tainted Debt to Florida (February 2008)
• The Subprime in the Schoolhouse (January 2008)
• Unsafe Havens (October 2007)
• The Ratings Charade (July 2007)
• The Poison in Your Pension (July 2007)

I warn you--if you go into anaphylactic shock at the sight of the words "declined to comment," have your Epi-Pen ready. Our justice system should make a point of getting involved to clean up this mess.