WillowTree
Diamond Member
- Sep 15, 2008
- 84,532
- 16,092
- 2,180
Bear Stearns. Lehman Brothers. AIG.
Remember them? Not subject to CRA or any of the laws regarding LMI loans.
Nor were Goldman Sachs, JP Morgan, or Morgan Stanley.
Nor were any of the countless other banks and countries around the world which crashed.
The GSEs were less than half market share by 2005.
Last time I checked, taxpayers aren't on the hook for Bear Stearns, Lehman Brothers, Goldman Sachs, JP Morgan, or Morgan Stanley.
We are on the hook for Fannie and Freddie.
And, we'll never get off that hook either.