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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (283714)10/15/2010 12:46:00 PM
From: bentwayRead Replies (2) of 306849
 
I agree with Elliot Spitzer. It's clear that FRAUD was perpetrated on the buyers of the MBS's. The banks packaging these instruments violated their own guidelines as to the mortgage mix, while not informing the buyers that they were doing so.

Not sloppy work. They knew EXACTLY what they were doing. I'd like to see Obama rescue Spitzer from the wilderness of cable TV and put him on the case as a special prosecutor.
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