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To: org.whodat

Derivatives weren’t the problem, the problem was bad loans to people who had no ability to pay the mortgage, which was forced by the Clinton administration.


6 posted on 11/22/2008 8:20:08 PM PST by FocusNexus
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To: FocusNexus
Derivatives weren’t the problem, the problem was bad loans to people who had no ability to pay the mortgage, which was forced by the Clinton administration.

Just proved you are talking through your hat!!!

7 posted on 11/22/2008 8:24:00 PM PST by org.whodat (Conservatives don't vote for Bailouts! Republicans do!)
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To: FocusNexus

Derivatives ARE the problem. We could fix the mortgage debacle, but we cannot fix the derivatives mess.


9 posted on 11/22/2008 8:26:29 PM PST by Texas_shutterbug
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