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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (960637)	9/1/2016 1:04:14 AM
From: RMF	Read Replies (1) of 1575297

I believe it was the "bundling of mortgages" that really caused the crash. Do you have a youtube video on how the Republicans tried to stop that or even discussed it? Fannie and Freddie were essentially government institutions and I can understand why the Republicans didn't like that. But, it was the bundling of good mortgages with bad that brought the whole thing down. I don't know, did Fannie and Freddie BUNDLE mortgages and sell them as "sound" investments? Did they?

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