The NYT’s Gretchen Morgenson sounds a tad bit skeptical about President Obama’s call last week to convene a new task force to investigate last decades’s mortgage-market debacle, including Wall Street’s bundling of “crap” mortgages into massive securities.

After all, it’s now four years since Bear Stearns went belly up. The SEC and Justice Department have had all that time to go after Bear Stearns and other financial houses. Why wasn’t there a task force before this? It’s obviously an election year, she notes, but there’s also still a need to find out exactly what happened and who did what and why, Morgenson notes.

But she doesn’t sound confident much will be done. Here’s a shocker: We’re not confident either.

File under: Doubting ThomasBack to Boston condos for sale homepage.
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Updated: December 2017

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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