"I was irresponsible with lending practices..I practically had to stuff money in peoples pockets..I got bonuses I didn't deserved...I made a killing in the market..it was get it while the getting was good...but *sniff sniff*..I don't like the spotlight when it all falls apart....squeal,squeallllll...squealllll..ssssqueallllll"
Now THAT is funny!
“IF” this moron cut the value of his mortgages to 1/3 of their amount, and then bundled them at auction, then I could see the FedGov providing the courthouse steps to auction them off upon.
Pass out 500,000 mortgages to anyone with a pulse then whine when the loans go bad qualifies for a Financial Darwin Award.