The must-read article on the sub-prime meltdown

I’m still trying to get back into my rhythm of maintaining these blogs so this will be short but to the point.

From my observations, I think many people are missing the magnitude of the financial crisis that is before us and various invested parties are trying to fix blame on their favorite scapegoat (e.g. Fannie Mae or Freddie Mac). For the lay person, I have not found a better article to explain the origins of this mess that the one in Condé Nast Portfolio called “The End” by Mark Lewis.

Not only is it well written it is very informative. I think we all need to pay attention to this mess -- I fear the next 3-5 months are going to be quite painful.