Focus (Forum & Focus)
Jun. 11, 2008
Lessons Learned?
It is too soon to tell whether politicians, business people and lawyers will learn more from the current mortgage crisis than they learned from the earlier savings and loan one, writes Mark Labaton. - Forum Column
By Mark Labaton
This article appears on Page 6
Home foreclosures. Bailouts. Lawsuits.
As the mortgage crisis grows worse, we see these words plastered across headlines with increased frequency. Sound familiar? It should. Similar headlines described the savings and loan crisis two decades ago.
History repeats. Or does it?...
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