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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Pogeu Mahone who wrote (5005)2/7/2011 10:48:51 AM
From: pstuartb9 Recommendations  Read Replies (3) of 119362
 
You cannot spin that to make the people who got to take advantage of liars loans as culpable.

By definition, people who took out liar loans lied. The liars bear some culpability for lying, even if the banks said it's ok to go ahead and lie to us, which they did.

The liars could have said, today I am not going to lie even though this bank wants me to. Instead, I will rent, try to save a few dollars, and tell this greedy, crooked banker who wants me to lie to get lost.

People with sixth grade educations could have come to that conclusion.
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