Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (821544)	12/9/2014 1:51:29 PM
From: tejek	Read Replies (1) of 1583965

>> It happened because Bush wasn't watching the hen house. His was an inept presidency. Except I just proved that isn't true. Except you didn't prove anything. Your documentation doesn't explain why bankers came up with crazy mortgage options, why appraisers approved market values that made no sense, why loan packagers approved credit reports that stunk up the joint and why wall streeters buried the bad loans deep in derivative packages that few bothered to review. The reason all that shit happened is not because of the legislation but because: NO ONE WAS WATCHING THE HEN HOUSE.

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