[and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street's most revered institutions.]
I'll take "Predatory U.S. Ambassadors to the Netherlands" for $1000, Jack.
Surely Roland Arnal, the "Godfather of Subprime", and owner of Ameriquest had a teensy weensy bit to do with creating this fiasco?
Now, repeat after me:
"This was a Bi-Partisan Charlie Foxtrot"
"This was a Bi-Partisan Charlie Foxtrot"
"This was a Bi-Partisan Charlie Foxtrot"
So, Instead of trying to see if any political milk can be squeezed out of the dead sub-prime cash cow...
Let's just move on and try to ensure this never happens again, shall we?
So, Instead of trying to see if any political milk can be squeezed out of the dead sub-prime cash cow... Let's just move on and try to ensure this never happens again, shall we? Shhh ... everyone is too busy either trying to position this for political advantage, or giving themselves a hernia trying shoehorning this fiasco into their preconceptions. In my experience, a mess like this is a bipartisan team effort, and it will only be reformed once that it realized and acted upon.