Mentions Santa Barbara.
http://www.bloomberg.com/apps/news?pid=20601206&refer=realestate&sid=a8mdg7z0u7Dw
<blockquote>Bankers may ?try to blame the crisis on poor Americans with bad credit histories, but that is not the real cause of the housing crisis,? he says. ?The greatest...
A must-read. http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom
Midway through the article are great anecdotes about subprime lending practices:
<em>"And short Eisman did?then he tried to get his mind around what he?d just done so he...
This seems completely apropos everything this site has spoken about.
http://www.nytimes.com/2008/10/25/us/25garage.html?_r=1&ref=todayspaper&oref=slogin
Not quite Irvine, but likely coming to a neighborhood near you!