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Thursday, March 27, 2008

Primetime, Rather Than Subprime, Mortgage Meltdown


This ought to be good: Fortune's Managing Editor Andy Serwer teamed up with CNN to produce an investigative report that, from the sound of the press release anyway, concludes that we're all to blame for the housing mess. The hour-long program:

...takes everyone to task, from loose lenders and slick Wall Street operators to lax regulators and greedy homeowners. No one is off limits in what is shaping up to be the worst housing crisis since the Great Depression.

Participants include NYT columnist Paul Krugman, securities expert Janet Tavakoli, former Treasury Secretary Larry Summers and erstwhile Fed boss Alan Greenspan.

Premieres Friday, March 28 at 8 PM EST