Mark Gilbert, bureau chief for Bloomberg News in London, has been with Bloomberg News since 1991 and has written a column on global financial issues since 1998. He spent more than eighteen months warning about the impending credit crisis, later helping readers disentangle its consequences.
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The credit crunch is affecting every investor and every consumer, every industry and every government program, yet few people truly understand how it happened. Subprime mortgages have been center stage, but behind the scenes a conspiracy of greed among ba... SEE MORE