Full-Auto
Gold Member
- Jun 13, 2009
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There wouldn't have been a collapse if the government didn't threaten banks into lending to unqualified borrowers in the first place, thus setting the stage for sub-prime lending.
Which never happened.
But heck..blaming the brown folks for the collapse..is mo' bettah then blaming fine upstanding citizens like John Thane and Dick Fuld.
That guy is a dickhead, how can the government "threaten" banks into giving people loans, mostly subprime loans when the banks were taking credit default swaps, an unregulated derivative, out on all these loans making money when the borrower defaulted?
how can the government "threaten" banks into giving people loans
Hey stupid go to you tube and use the tags cuomo and banks.
Then apologize for being stupid.