Finally, someone to blame

02/3/2009 | TIME (subscription required)

Who is responsible for this recession, anyway? The editors at 24/7 Wall St. assert that a single person -- "patient zero" -- kicked off the chain reaction that has brought the global economy to its knees. Whoever he is, he bought a house in Stockton, Calif. in 2003 and, 39 months later, defaulted on his subprime mortgage.

View Full Article in:

TIME (subscription required)

Published in Brief: