Until I found this post on Matt G's blog.
One of the links that he has is to a great song set to an...interesting, shall we say, photo montage.
Very entertaining. Via PhlegmFatale.
Newsweek is reporting that it may be due to an obscure accounting rule for asset valuation. http://www.newsweek.com/id/130029
In my opinion, that is complete and utter nonsense. The "credit crisis" is due solely and unquestionably to consumers who were ready and willing to accept unreasonable amounts of debt in order to finance the purchase of things that they couldn't afford. End of story.