"Jim Duffie video" As a precursor to viewing "Too Big to Fail" the following week, what are all of the ethical dilemmas presented with the mortgage meltdown; Fannie Mae and Freddie Mac? Mark-to-market? Subprime lending? Red lining? What were the motives and intentions to these programs? What are unintended consequences? What lessons were learned and by whom? What does this mean for future generations? What is the next subprime bubble that has One Trillion in loans with a 40% default rate?