David Dayen: The Biggest Policy Mistake of the Great Recession: “The popular conception of the Great Recession explains that… …it stemmed from a financial shock. Housing prices stopped going up, and then Lehman Brothers fell, triggering paralysis in the credit markets. This spilled onto Main Street, and the effects still linger in terms of elevated … Continue reading David Dayen Looks at FHFA: The Biggest Obama Policy Mistake of the Great Recession: Friday Focus for June 13, 2014