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To: PoloSec

No Bankers were charged because Eric Holder made the statement that the bankers broke no laws,that’s why there were not charged.
That makes sense because they did exactly what the government told them to do,give mortgages to people who could not afford them,the banks knew they were crap loans and so they insured themselves against losses on the crap loans and insurance companies,insuring the crap loans knew they were crap,so they insured themselves against the losses to come,then they bundled these crap loans into bonds rated triple A sold them all over the world.
So you had trillions tied up in crap,Gas went to 4.00 a gallon,adjustable rate mortgage rates went up,people holding these crap mortgages who could not afford them in the first place,now could not pay them at all,the whole ball of crap collapsed,now the banks get bailed out by responsible people paying off the banks with no interest on anything while the banks get loans at 0 interest and the insurance companies get bailed out by the tax payers.
And Bratt is concerned about no one in the banks being charged,he better get better educated on this one or he will just be another hack,he has now just joined the criminal enterprise that caused the freaking mess


16 posted on 06/15/2014 12:21:15 PM PDT by ballplayer
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To: ballplayer
the bankers broke no laws,that’s why there were not charged. That makes sense because they did exactly what the government told them to do,give mortgages to people who could not afford them,

Thank you for providing a factual and intelligent response.

Carrying on about how evil bankers are reminds me of the workers who hate the boss because they feel he just sits around and they have to do all the work.

26 posted on 06/15/2014 2:59:09 PM PDT by ladyjane
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