I know that promises merely to pay a house mortage appear to have fallen by the wayside lately. And the rest of us are being asked to pay up for those speculators.
Well, the difference is that a stock short who cannot prove that he legitimately borrowed the shorted shares could suffer a significant SEC fine and also suffer a costly and intrusive SEC investigation into their operations.
I’m with you on the promise to pay a mortgage. Seems to me, the folks who bought a home they could afford and have managed to make the payments timely are being made to be the biggest suckers around.