Wall Street Executives Scored $3 Billion as Banks Rose and Fell

Discussion in 'Wall St. News' started by Aaron Copland, Sep 26, 2008.

  1. In 2005 when real estate values were flying off the map NOBODY was complaining. The vast majority of people who are in trouble used their home equity as an ATM machine.

    Now that prices are coming back to earth the only evil doers are the wall street execs. Bullshit.

    Everybody is guilty, from the mortage broker who sold the loan to people who couldn't pay for it, to the people who accepted taking such a stupid risk, to the whole mortgage industry for coming up with such incredibly stupid mortgage products and much more to the politicians who pressured and sponsored the "helping people own homes they wouldn't otherwise be able to afford programs, trying to be politically correct."

    Blaming ONLY the execs is somewhat naive.
     
    #11     Sep 28, 2008
  2. no not super greedy people, super greedy WHITE bastards.

    but i wouldnt expect a racist brit to know that
     
    #12     Sep 28, 2008
  3. Yes, because us Americans have so many choices of who to vote for.

    Give me a break.

    It's crap vs crap sandwich. Take your pick.
     
    #13     Sep 28, 2008