A case study in housing collapse

Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing.

But if you want to understand how we got into this mess, the stucco house at 4809 N 17th St. isn't a bad place to start. Full Story »

Posted by Leo Romero

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5.0
by Kenneth Sibbett - Dec. 1, 2008

Great investigative reporting. Where's 60 minutes when you need them.

This is disgusting. A simple ride-by the house and these deals would never went threw. While I blame Kim and the rest of the crooks who put these deals together, There is no way in hell these houses are sold and flipped without the knowledge of the bank, or should I say banks, that went through these frauds for nothing but greed!

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