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
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: