SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 86.75+2.3%Feb 9 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (74674)11/27/2007 4:27:50 PM
From: lml  Read Replies (2) of 77400
 
Yes, Banks are to blame as well as greedy people.

I would disagree on the latter. People may have been ignorant as to the risks they were taking on by assuming the obligations under a good portion of these loans, but that doesn't necessarily make them greedy. Some were just ill-advised, if not just ignorant.

The lion's share of culpability for this mess rests squarely on the banks, loan brokers, who profited by the origination of these loans that simply should never have been originated. JMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News