Mainstream Media Watch: Better Late Than Never?—“60 Minutes”, and Six Months Late

My readers know that I go through phases: I get interested in stuff—chase it down—devour it—then move on.

Back in October of last year—following Yves Smith’s lead—I got interested in The Mortgage Mess, and wrote several pieces about the whole fiasco:

• The Coming Middle-Class Anarchy (10/7/10)

• The Second Leg Down of America’s Death Spiral (10/12/10) (This was the piece I wrote which was plagiarized repeatedly—and rather embarrassingly, for some.)

• This Is What Brian and Ilsa Said To Their Bank: “Show Me The Note, Motherfucker!” (10/18/10)

• Mulligan Mortgages—The Banks’ Only Way Out (10/21/10)

And now—finally!—the mainstream media is catching up. Here’s last night’s clip from 60 Minutes:

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