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To: BenLurkin; All

I don’t know why people blame Wall Street executives for the loan crisis when it’s not the Wall Street execs that made students take out loans for school, or forced people to buy houses and cars and lifestyles that they couldn’t afford. Wall Street profited off of a lot of results that came from those loans, but it’s not the fault of the executives that people lost control of themselves.


14 posted on 01/09/2014 9:52:32 PM PST by CorporateStepsister (I am NOT going to force a man to make my dreams come true)
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To: CorporateStepsister

You seem to be forgetting all the repackaging of shit for resale in tranches, and the collusive rating of same by agencies to name one thing.

If “Wall Streeters” didn’t commit any crimes, why don’t folks like JPM tell the FEDS to pound sand instead of shelling out all the billions in “fines”?


27 posted on 01/10/2014 1:39:03 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
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