Step right up to play the blame game
Homeowners for getting mortgages or lines of credit they couldn't afford? Lenders for making loans no sane professional would touch? Wall Street for happily distributing those loans throughout the financial stratosphere as mortgage-backed securities? The feds for keeping interest rates rock-bottom low and hyping homeownership? Real estate agents and others in the industry for assuring Americans that, no matter what, "now is a great time to buy"?
I pose this question because two journalists have weighed in with a book called Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis. So, without further ado, I'd like to hear which group you most blame. (Just to be absolutely clear: Choosing one group does not necessarily mean you're saying the rest were innocent.)
UPDATE at 5:15 p.m. on Sunday: Most of you think either homeowners or the mortgage industry is most to blame -- the two categories each have 31 percent of the vote at the moment. Next after that: the "Everyone's equally to blame" category, with 22 percent.