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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (588937)10/6/2010 9:57:21 AM
From: bentway  Read Replies (3) | Respond to of 1578092
 
Sure, them too. But the IB's were the real force, they were making fortunes selling MBS's.

Do you want me to post W's speech pimping mortgages for minorities again?

nytimes.com

"From his earliest days in office, Mr. Bush paired his belief that Americans do best when they own their own home with his conviction that markets do best when let alone.

He pushed hard to expand homeownership, especially among minorities, an initiative that dovetailed with his ambition to expand the Republican tent — and with the business interests of some of his biggest donors. But his housing policies and hands-off approach to regulation encouraged lax lending standards."