This Week on Bear radio: Could anyone have foreseen the financial crisis?

Elliott, Jeremy and the Optimistic bear wonder if the claims to have been blind-sided by the financial crisis by pillars of the financial community, like Greenspan and ex Washington Mutual executives, can be taken at face value. Frequent caller Ray Pepper updates us on the growing number of defaulting homeowners who stay in their homes when the lenders are unable to produce the note.