There is a close-to-truth joke currently circulating around the HousingWire newsroom.
Spoiler alert: It's not funny.
OK, stop me if you've heard this before: A spaceship lands in the States during the last quarter of 2007 and the alien aboard demands, "take me to your leader, the one who leads your mortgage markets." Everyone responds by pointing the finger to someone else: "He's the leader." "No, I'm not the leader--she's the leader." And so it goes.