Did the ones who started this really lose or did they take their money and run before it began? Also, this scheme had potential to crash the economy and did crash the economy...they made plenty of money before this happened. I’m betting that many did in fact get out in time...leaving us to deal with the crap they created. Those who lost their money merely stayed in too long...it doesn’t change the fact they caused it.
Did Bear Stearns lose money? Lehman? AIG? Merrill?