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Message
re: What Happen with the Sub-Prime Mortgage Crisis
Posted on 3/4/19 at 9:25 pm to Tigahhs97
Posted on 3/4/19 at 9:25 pm to Tigahhs97
quote:
Watching a Documentary and seems to blame Bush. I thought it was mainly Clinton
That documentary is categorically false. I’ll shite on Bush all day every day for a million reasons but Clinton signed the legislation that made banks lend money
LINK
LINK
Most damning
1
Posted on 3/4/19 at 9:33 pm to 3nOut
He also made something like four warnings to Congress on GSE reform and they per usual did nothing except rob over $100B in profits from a private company to fund a healthcare bill. Fannie was not insolvent and they were essentially nationalized because of a massive DTA reversal.
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