Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: E. Pluribus Unum
It sounds like someone is trying to bring back subprime mortgages again with their lowered lending standards which consist of lending to people who are poor credit risks.

https://en.wikipedia.org/wiki/Subprime_mortgage_crisis

86 posted on 05/05/2018 6:24:51 PM PDT by Sons of Union Vets (Mine Eyes Have Seen the Glory!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Sons of Union Vets

https://www.youtube.com/watch?v=mzJmTCYmo9g

Here is a comedy bit by “Bird and Fortune” regarding the subprime banking thing - back BEFORE it fell.

The one part I liked was something like

“So take the High Gold Exceptional Mortgage Strategy Investment Fund.”

“Oh - is that a good fund?”

“Oh it’s a very good fund! It has the word “high” in it - that’s good. “Gold” - another good word, and of course “Exceptional”! And strategy sounds like it is well-thought out.”

“So this is a good fund to invest in?”

“I have no idea - but the name is sure great!”


87 posted on 05/05/2018 6:33:34 PM PDT by 21twelve
[ Post Reply | Private Reply | To 86 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson