
Originally Posted by
anonamoose
Whoopdee fucking doo. At least he wasn't out selling subprime mortgages, went into default, then got handed billions of tax payer money in government bailouts and profited from both ends.
So again a classic case of a problem that the left causes that the right gets blamed for ... somehow?
You don't get to have legislation that FORCES banks to take on home loans for derelicts that have no way or no intention of paying for the loan they were handed and then blame it on money guys that were protecting their... money.
It's the cause of bleeding hearts that gave retards loans in the first place, not the guy covering the eventual vig on the bad bet he was forced to take.
As an aside, don't think i'm siding with the banks here, I thought they should have been allowed to crater AND all the homeowners should have been given the deeds to their houses if their debt was bailed out with a taxpayer funded bailout.
https://en.wikipedia.org/wiki/Commun...investment_Act
http://russp.us/subprime.htm