NEW YORK— "Robert Knakal, chairman of real estate brokerage firm Massey Knakal, pinpointed Sep. 15, 2008 as the day the U.S. financial system went sour."
These guys just don't get it. They blow up the market and then when it goes back down, they turn around and ask for more lending. Don't they see the unsustainableness of a real estate-based economy? They really need to read some Henry George.