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To: Skywatcher who wrote (35626)8/18/2007 9:42:11 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
That may be so CC, but the people who got those subprime loans signed a contract, so the blame goes both ways.
These types of mortgage products should have never been allowed to have seen the light of day to begin with, so where were the regulators and the lawmakers?
They also have responsibility, but look at all the people who fed at the greed trough whilst the housing boom was in full swing.
They (lawmakers/regulators) weren't going to get in front of that train, it would be political suicide...



To: Skywatcher who wrote (35626)8/18/2007 12:03:19 PM
From: KonKilo  Read Replies (1) | Respond to of 48461
 
I love the way the fed bails out BIG BOYZ...

Speaking of which, can anyone tell me why Dell is still listed?

They haven't reported in what, four quarters now?

And their internal auditors have found deliberate deceptions.

A SYNX or OBCI would have been long gone, no?