This morning we ran a piece from our finance reporter Mary Kane on how the Bear Stearns deal struck a nerve with housing advocates who have been calling for
“„Mr. Paulson said he was basically optimistic about the economy, and was convinced that the housing market would one day right itself. “I am constantly asked how much longer will this take to play out, and if this is the worst period of market stress I have experienced,” he said. “I respond that every period of prolonged turbulence seems to be the worst until it is resolved. And it always is resolved.”