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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (544141)1/17/2010 12:27:28 AM
From: RMF   of 1575982
 
Yeah, you're right, the bankers and mortgage companies CREATED the bubble themselves.

I STILL think somebody should have been looking over their shoulders. Even the rating agencies seemed to be IN on the scam.

At least they're all in jail now or have lost all of their assets. Ohhhh.....wait, they haven't really lost anything have they....LOL

ALL we need is a law that says if a bank creates a mortgage they have to HOLD that paper themselves for the duration. I think that's the way things used to be.
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