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re: Would We Have Been Better Off If The Gov't Let The Banks Bottom Out, Not Bailing Em Out?

Posted on 5/15/17 at 9:27 pm to
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 5/15/17 at 9:27 pm to
quote:


A large part of the bad home loans were at the behest of the federal government


That is simply not true.

Also the federal government had zero to do with those loans being packaged and sold as a secured invested and insurace being offered on those investment.
This post was edited on 5/15/17 at 9:31 pm
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 5/15/17 at 9:33 pm to
It simply is true.
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