From Austrian Filter:

Straight from the horses' mouths, a quick time line of Paulson's & Bernanke's economic assessments:

February 28, 2007 - Dow Jones @ 12,268

March 13th, 2007 – Henry Paulson: "the fallout in subprime mortgages is "going to be painful to some lenders, but it is largely contained."

March 28th, 2007 – Ben Bernanke: "At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained," 

Read full, amazing list...

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Barney Frank's backroom deal to prevent GM restructuring in his state