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To: IbJensen

My own take is Hispanics were cajoled and lied to be their own Hispanic mortgage brokers. Blame them

Of course these sub prime mortgages were hustled over to white boys on Wall St to bundle up as CMOs and to bet on via credit default swaps


22 posted on 02/21/2009 9:20:16 AM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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To: dennisw
My own take is Hispanics were cajoled and lied to be their own Hispanic mortgage brokers. Blame them

Yep, they even had their own strategeria: Hispanic National Mortgage Association

Of course these sub prime mortgages were hustled over to white boys on Wall St to bundle up as CMOs and to bet on via credit default swaps

Absolutely correct. Why look, there's one of those white boys now...McCain's very own campaign manager and heavy duty sub-prime loan lobbyist:

Home Ownership Alliance

McCain Aide’s Firm Was Paid by Freddie Mac

39 posted on 02/23/2009 1:21:57 PM PST by TADSLOS (Mah BOIZ say-Da GOP is da shizzle mah nizzle! Vote fo mah Pubbie Peepz or I'll bust a cap in yo ass!)
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