"The press did not do a good job of connecting what was going on with Main Street with what was going on on Wall Street. I am embarrassed to say I didn’t know what a collateralized debt obligation was until the crisis was gaining steam. That was a mistake on my part."
Joe Nocera, The New York Times.
"What we didn’t understand was being able to look past those rising housing prices to see what the impact would be".
Jonathan Weil, columnista de Bloomberg.
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