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	<title>Comments on: How Merrill Lynch and AIG Failed &amp; Triggered the Credit Crunch</title>
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	<link>http://moneysmartlife.com/how-merrill-lynch-and-aig-failed-triggered-the-credit-crunch/</link>
	<description>Money Tips for a Better Life</description>
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		<title>By: NorCalSavant</title>
		<link>http://moneysmartlife.com/how-merrill-lynch-and-aig-failed-triggered-the-credit-crunch/comment-page-1/#comment-121938</link>
		<dc:creator>NorCalSavant</dc:creator>
		<pubDate>Fri, 21 Nov 2008 00:24:29 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1131#comment-121938</guid>
		<description>Federal &lt;a href=&quot;http://www.norcalsavant.com/2008/11/20/credit-squeeze-foreclosures-and-recession-federal-rescue-of-wall-street-versus-main-street/&quot; rel=&quot;nofollow&quot;&gt;response to the credit crunch by the Treasury Secretary Henry Paulson&lt;/a&gt; has been one sided, and therefore I believe, unlikely to be completely effective.</description>
		<content:encoded><![CDATA[<p>Federal <a href="http://www.norcalsavant.com/2008/11/20/credit-squeeze-foreclosures-and-recession-federal-rescue-of-wall-street-versus-main-street/" rel="nofollow">response to the credit crunch by the Treasury Secretary Henry Paulson</a> has been one sided, and therefore I believe, unlikely to be completely effective.</p>
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		<title>By: On Savings Account Strategies, Weight Loss and Healthy Recipes!</title>
		<link>http://moneysmartlife.com/how-merrill-lynch-and-aig-failed-triggered-the-credit-crunch/comment-page-1/#comment-121026</link>
		<dc:creator>On Savings Account Strategies, Weight Loss and Healthy Recipes!</dc:creator>
		<pubDate>Mon, 17 Nov 2008 05:33:33 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1131#comment-121026</guid>
		<description>[...] Money Smart Life: How Merrill Lynch and AIG Failed &amp; Triggered the Credit Crunch [...]</description>
		<content:encoded><![CDATA[<p>[...] Money Smart Life: How Merrill Lynch and AIG Failed &#38; Triggered the Credit Crunch [...]</p>
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		<title>By: Savings Account Strategies, Weight Loss and Healthy Recipes!</title>
		<link>http://moneysmartlife.com/how-merrill-lynch-and-aig-failed-triggered-the-credit-crunch/comment-page-1/#comment-120966</link>
		<dc:creator>Savings Account Strategies, Weight Loss and Healthy Recipes!</dc:creator>
		<pubDate>Sun, 16 Nov 2008 20:38:28 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1131#comment-120966</guid>
		<description>[...] Money Smart Life: How Merrill Lynch and AIG Failed &amp; Triggered the Credit Crunch [...]</description>
		<content:encoded><![CDATA[<p>[...] Money Smart Life: How Merrill Lynch and AIG Failed &#38; Triggered the Credit Crunch [...]</p>
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		<title>By: Double Journey</title>
		<link>http://moneysmartlife.com/how-merrill-lynch-and-aig-failed-triggered-the-credit-crunch/comment-page-1/#comment-120483</link>
		<dc:creator>Double Journey</dc:creator>
		<pubDate>Sat, 15 Nov 2008 06:06:50 +0000</pubDate>
		<guid isPermaLink="false">http://moneysmartlife.com/?p=1131#comment-120483</guid>
		<description>There are many &lt;a href=&quot;http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going&quot; rel=&quot;nofollow&quot;&gt;things that caused the financial crisis&lt;/a&gt;.  I talked about it earlier in the link provided.  

In the end, I believe the financial crisis was caused by giving way too much easy and cheap money to people who shouldn’t have it and have no accountability for when things go wrong.

The saddest thing.  In an attempt to &quot;fix&quot; the situation, we are doing the exact same thing now.</description>
		<content:encoded><![CDATA[<p>There are many <a href="http://www.doublejourney.com/2008/09/25/how-we-got-here-and-where-we-are-going" rel="nofollow">things that caused the financial crisis</a>.  I talked about it earlier in the link provided.  </p>
<p>In the end, I believe the financial crisis was caused by giving way too much easy and cheap money to people who shouldn’t have it and have no accountability for when things go wrong.</p>
<p>The saddest thing.  In an attempt to &#8220;fix&#8221; the situation, we are doing the exact same thing now.</p>
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