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Old 09-16-2008, 09:22 AM  
ADL Colin
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Join Date: Feb 2001
Location: Tube Titans, USA
Posts: 11,929
Roubini was on top of it early no doubt.

Also a very similar statement by Greenspan back in March.

March 16 2008

"The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the second world war. It will end eventually when home prices stabilise and with them the value of equity in homes supporting troubled mortgage securities." - greenspan
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