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To: Tell It Right

How banks and lending institutions got into trouble way back in 2008 in the first place. Congress (Barney Frank and SJL, IIRC) forcing them to make loans to unqualified minorities. Which then got bundled and sold off in the market as government backed credit derivatives.


11 posted on 12/11/2023 7:59:52 AM PST by Gaffer
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To: Gaffer

“How banks and lending institutions got into trouble way back in 2008 in the first place.”

Exactly—and then every “expert” denied that it caused the problem.

Dirtbags.


16 posted on 12/11/2023 8:22:16 AM PST by cgbg ("Our democracy" = Obey or get canceled.)
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