The Subprime Iceberg: A year later, the band plays on

THE SUBPRIME ICEBERG
A year later, the band plays on

A year after the subprime crisis came to public attention, the rot in the financial system continues to spread, leaving the US Federal Reserve with at least one very important question to answer - should it come directly to the rescue? As the Fed and other actors dance the subprime twostep, the tune is reminiscent of the music on the Titanic as the lifeboats sailed away. - Julian Delasantellis (Mar 5, '08)

http://www.atimes.com/atimes/Global_Economy/JC06Dj01.html