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IPFS News Link • Economy - Economics USA

Poole Party - No Housing Lessons Learned

10-11-2007 • MISH: Global Economic Analysis

Fed President William Poole in ref to the housing collapse said "There is no new lesson here". Poole is wrong because he does not understand what the problem is. The problem is a conflict of interest by the rating agencies in conjunction wi

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Reported By Mike Shedlock

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Poole Party - No Housing Lessons Learned

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