Now just WHY did banks make loans to “subprime borrowers” who couldn’t pay the loan back? Bueller??? Hmmm???
I’ll tell ya why. They were getting fat commissions and bonuses in both structuring the loan and then yet again when they pawned the loans off to all the suckers
Bzzzttt!! Wrong!!! The government MADE them lend to people who would never be able to pay the loan back — all part of the government “everybody deserves a house whether they work or not” wet dream.