(Bloomberg Prophets) — In late 2006, Aaron Krowne, a computer scientist and mathematician, started a website that documented the real-time destruction of the subprime mortgage lending industry. The Mortgage Lender Implode-O-Meter caught on like wildfire with financial market voyeurs, regularly reaching 100,000 visitors.
West Coast lenders, some may recall, were the first to fall in what eventually totaled 388 casualties.
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