I know. They went out and started offering mortgages. Although I'm pretty sure they offered mortgages under GS too.
Oh, did I mention the Savings and Load debacle from the 80s...once again, the feds took their eye off these people and they threw money were they KNEW they would never get a return
I'm pretty sure they try to make a return on every loan or investment they make.
“I’m pretty sure they try to make a return on every loan or investment they make.”
LOTs of them went to jail. And they didn’t go to jail because they were trying to invest wisely.