You will shortly hear for the many FReepers to whom Goldman, BOA, Countrywide and so forth are heroes to. They will enlighten you about how ‘Banksters’ perceived are cause by ‘evil government’ regulations, ‘Dead Beats’ and if you are luck they might just admit to one or two bad apples.
I must have missed the threads you’re speaking of. I have yet to read anyone extolling the virtues of the crony capitalists on Wall Street.
” You will shortly hear for the many FReepers to whom Goldman, BOA, Countrywide and so forth are heroes to. “
No doubt. Too bad for them that I know mortgage backed securities,and high finance. I spent 30 years in it. I got out in 06, after repeatedly warning FReepers that there will be a trillion dollar meltdown. I only sold “A” paper.....people with a 720 or higher FICO, and good debt to worth ratios. But the REAL money was in “toilet” paper.