wtmusic
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Mon Sep-29-08 06:42 PM
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Subprime debacle explained |
bronxiteforever
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Mon Sep-29-08 06:48 PM
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noiretextatique
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Mon Sep-29-08 06:49 PM
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thanks for posting it :kick:
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sixmile
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Mon Sep-29-08 06:51 PM
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livelongandprosper
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Mon Sep-29-08 07:08 PM
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4. Just look at the guy who starts the whole thing |
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Who is he?
The head of Lehman Brothers? Or Fannie?
No.
It's Joe Q from Main Street.
Now that's where the blame belongs to. The idiot average American who borrowed like there's no tomorrow.
Damn I would like to kick their collective ass as much as I'd like to kick Bush's balls off.
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VeggieTart
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Mon Sep-29-08 07:14 PM
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6. Excuse me, but Joe Q is only partially responsible |
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He may be a dingbat, but the folks at the bank know about financial instruments and should have known better than to loan money to a guy where the monthly mortgage payments eat up most of his monthly paychecks!
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wtmusic
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Tue Sep-30-08 09:54 AM
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7. Yep - the chain of accountability |
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is so long it is for all practical purposes non-existent.
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alstephenson
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Mon Sep-29-08 07:08 PM
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5. Thanks for posting. I'd seen this before... |
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but I forgot how "right on" it is.
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DU
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Thu May 02nd 2024, 11:35 AM
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