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rfranklin

(13,200 posts)
6. 80% of the subprime loans were made by private mortgage companies not subject to CRA...
Sat Jun 2, 2012, 10:39 PM
Jun 2012

plus the bankers like Goldman and Lehman knew they were packaging crap but they loved the fees they got from selling CDOs and then from selling derivatives that insured those bundles of crap.

The right wingers have bought into a bunch of propaganda that has no basis in reality--none.

And by the way, most independents and moderates don't bother reading those idiotic comments.

Latest Discussions»Retired Forums»Propaganda Debunking»Battling R.W. Yahoo News ...»Reply #6