I also recommend watching the Elizabeth Warren video. I think she has it about right.  Excellent confirmation of what I and most who I know have experienced over the last 40 years, driven home with statistics derived from pretty good data.  She was fortunate to be able to work with the Commerce Department to get good answers to basic questions.  I wonder if she has this information available in printed form.

I am very glad that she has been put in charge of monitoring the TARP expenditures.  While nothing has been done to correct the problems, her reports have been scathing.  From this video and what else I have seen of the lady, I have no doubts about her integrity.  No one in Washington can ask "How could we have known?"  

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."