http://dealbook.blogs.nytimes.com/2009/02/12/greenspan-says-...Apparently nobody knew there was a ticking time bomb (except all the people who were issuing warnings and had been since derivatives of derivatives of derivatives were invented. Just because no one listened to Cassandra doesn't mean she wasn't right and nobody knew. (And the people who did know were not cranks, just not people saying what Greenspan wanted to be told).
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