True origins of the financial crisis

Gretchen Moregenson is the New York Times business reporter and columnist as well as a Pulitzer Prize-winning alumna of St. Olaf College in Northfield, Minnesota, and of Forbes. She is also the coauthor (with Joshua Rosner) of Reckless Endangerment, one of the most important books out about the origins of the financial crisis. Robert Reich’s review of the book provides a convenient summary.

The book was the subject of an admiring column by George Will. Most recently, Peter Wallison cited it as authoritative in the Wall Street Journal column “Government-sponsored meltdown.”

The book belies the master Democratic/media narrative regarding the financial crisis. Attention must be paid. Earlier this week Sean Hannity directed the attention of his audience to the book in a short interview with Morgenson (below) .

FOOTNOTE: I wrote about Morgenson’s column exposing an Obama administration fraud in “Investigate this.” The issue addressed by Morgenson in that column also remains of continuing relevance.

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