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From the editor.

Publication: The American (Washington, DC)
Publication Date: 01-NOV-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: From the editor.(financial crises)(Editorial)

Article Excerpt
Dear Reader:

The turmoil that has forever changed American financial markets has triggered an avalanche of Monday morning quarterbacking about what went wrong and why. But as Thomas Healey and Matthew Scogin show us in their article on page 28, many of the problems with which we are now saddled were predicted--often years in advance--by a cadre of "academic sleuths." These scholars "set off early-warning alarms" about the problems in subprime lending as well as the threats posed by government-sponsored mortgage giants Fannie Mae and Freddie Mac.

Among those sleuths...

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