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Interesting story about Florida real estate crash
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It's in the New Yorker, called "The Ponzi State." It offers quite a few examples of just plain crooked dealings in the mortgage-funded securities crash, and introduces us to a few of the winners and losers in the mortgage game. Spoiler: the State of Florida is not one of them.

http://www.newyorker.com/reporting/2009/...act_packer

Registration required; it's worth it. While you're there, read the magazines tribute to John Updike.
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Interesting story about Florida real estate crash - by Gutenberg - 02-08-2009, 02:25 PM

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