Mortgage Mess Smells Like Lopsided Trade Mess

If the "deregulators" were wrong about mortgages, then perhaps they are also wrong about lopsided "free trade". It has a similar over-leveraged nature to it.

Quote: "Those of us who have looked to the self-interest [invisible hand] of lending institutions to protect shareholder's equity -- myself especially -- are in a state of shocked disbelief," said [Alan] Greenspan...'

http://www.reuters.com/article/newsOne/idUSTRE49M58W20081024