Residential Capital

A nation of whiners? Or a seriously decimated economy? The nation’s leading economists say it’s the latter, and the already crumbling financial sector is due for a series of crippling aftershocks that could last well into the next decade. Once-leading lenders Fannie Mae, Freddie Mac, Merrill, Lehman, and AIG have perished in only seven days, all on the heels of the IndyMac collapse and $29 billion Bear Stearns bailout. And experts say more lenders are expected to fall in the near future, some even this week.