Truthmatters
Diamond Member
- May 10, 2007
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- #121
They went from having no broker rules in place to being excempt from the rules right up until about 4 or 5 days before Bush had to go on TV and annouce we were in deep do do huh?
So it wasn't the years of having low interest rates, the years of the low teaser rate and 30 year fixed, along with the reckless borrowing by many across the board which lead to the financial crisis. It was a small temporary transitioning exemption for merging banks which lead to it all...
That's an interesting theory there.
WHAT ?
dude provide us with all these rules you claim were being implimented and links to them and who wrote them.
remember you claimed it.
Now are you as a claimed brokery guy not aware of the sub prime being rolled into mortgage securites and sold off as triple AAA instead of the turds they really were?