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re: Yahoo writes article "It's Obama's Presidency, but Bush's World
Posted on 7/3/14 at 10:42 am to The Third Leg
Posted on 7/3/14 at 10:42 am to The Third Leg
quote:
Is that the act that forces investment banks to finance subprime loans for people with the following scenario:
You say forces, I say cajoles
Posted on 7/3/14 at 10:57 am to jamboybarry
This shite is all policy architecture, top level. These banks aren't doing shite unless it is for profit. Understand and accept that and then you'll recognize the systemic manipulation that takes place by way of litigation.
If the financial institutions did not want this, they would have buried the government in litigation. Lawyers wrote these laws for the banks, make no mistake. All of these politicians are supported by Wall Street in some fashion.
The committee appointed to investigate the meltdown was given a budget equal to one-seventh of the budget for the movie Wall Street, Money Never Sleeps. Let that sink in for a moment.
Look at AIG, those were some of the riskiest bets in the history of humanity.
If the financial institutions did not want this, they would have buried the government in litigation. Lawyers wrote these laws for the banks, make no mistake. All of these politicians are supported by Wall Street in some fashion.
The committee appointed to investigate the meltdown was given a budget equal to one-seventh of the budget for the movie Wall Street, Money Never Sleeps. Let that sink in for a moment.
Look at AIG, those were some of the riskiest bets in the history of humanity.
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