One area is the lending process, which is called the sub prime crisis but which I have renamed the Prime-Slime crisis and the terms Mark to Market and Mark to Model - financial tools that were systemic in the Enron Era and the collective collapse of an entire industry: the Telecom Crisis and the Dot Com Bubble and are terms you should know.

Let's first examine the host of players and their roles: there is the Buyer of a home, the Developer or Builder of the home, the Bank or Mortgage company that loans the money, the group that acquires these loans, usually Freddie Mac and Fannie Mae (both public company's) and a host of others, and then there is Wall Street, the wizards of finance who acquire large amounts of portfolios of loans from Freddie and Fannie and the Rating Agencies appointed by the SEC to ensure that each company has a rating relative to its risk to repay its debt to protect investors by rating companies and their ability to repay their obligations. Then there are the Buyers that Wall Street convinces to buy these packaged loans who expect dividends, backed by these "highly secure assets".

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