Foreclosure of America HB

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When business school classes study this collapse in hindsight many years from now, they will certainly pore through reams of rich data, charts & graphs & seek out various flaws in present day business models, looking for what went wrong & what was tipping point. But no data, no textbook, no chart can ever illustrate human aspects of what causes bubbles & provide firsthand account of thinking - flavor of those moments - from w/n those conference rooms at that point in history. Excitement, group think, momentum & fear that squelch resistance, systemic power of mighty current pushing fish along, this is inside story of feelings w/n walls of Countrywide during that time, which textbooks will never be able to re create.

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