Before you quit your day job have a look at this little report
Excerpt from WSJ
Home-Price Declines Accelerate
The S&P/Case-Shiller home-price index, a closely watched gauge of U.S. home prices, show price declines continued to worsen in May, with every region measured showing year-over-year drops for the second straight month.According to the indices, home prices in 10 major metropolitan areas fell by a record 17% from a year earlier and 1% from April. In 20 major metropolitan areas
Corzine defended Paulson ( from one Goldman ceo to another thats an act within whichever fraternity an obligation I think. But an acting class would be good since his body language did not support his words. Its kind of funny that paulson missed out on the mortgage crisis since the chief economist Mr. Markus from Goldman was the first to warn about it severely - does he not read the research?