Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (472408)	4/16/2009 12:38:12 PM
From: Tenchusatsu	Read Replies (2) of 1576159

CJ, > There was very little management at all. Politicians actively encouraged financial institutions to lend to people of lower incomes. This was to help boost minority home ownership rates, boost property values and therefore property taxes, and generally cash in on the whole real estate boom. A "win-win" scenario ... until it all fell apart. Now these politicians are claiming that we had too little regulation. What a bunch of hypocrites. Tenchusatsu

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