Everything You Need to Know About Wall Street
Submitted by Jazmine
From Rolling Stone:
Whenever any right-wing loon, or Bloombergite, tries to tell you the mortgage crisis was caused by the government forcing the poor banks to lend to broke black people, please direct them to this passage. The banks not only wanted to give out these loans, they wanted to give them out at the speed of light. They wanted to crank them out so fast that their own auditors literally couldn’t read the writing on the loan applications. This was greed, not policy. Anybody who says anything else is high on something.
Click here for reuse options!Copyright 2012 Liberaland
Leave a Reply
You must be logged in to post a comment.