If it was Wall Street asking for the money then why was there a train load of "sugar" piggy-backed on that bill? It was slight-of-hand. The real culprits were Fannie/Freddie and we barely glanced in that direction.
There are 1000s of not-so-rich people who have their investments connected to Wall Street, but they weren't helped by that guano bill.
Someone gets it. This was almost ALL Fannie & Freddie. Wall Street for the most part got raped. They did not have a clue and they are not stupid. You think the CEOs at Lehman and Bear Stearns wanted to lose hundreds of millions? A lot of these people were wiped out. They are no saints but they were ambushed and were picked off one by one by the shorts working for their own gain but this was coordinated.
This was a global conspiracy and the bomb was timed to go off a few months before the election.
yup and I’m tired of this blame wall street nonsense. Blame congress for meddling in everything.
My personal hero is NJ congressman Scott Garrett. He voted no and he represents many people who work in Wall Street.