"The banks knew what the mortgages were worth, otherwise how could
they have fooled the investors by putting the good ones on the top and
bottom and the bad ones in the middle of the pack?"
Hmmm... Could that have happened by accident or coincidence?
If not, then how can they say that betting against these things,
was somehow done without their knowledge? No wonder the stock is
dropping so fast.
A collection of articles defining our times. The pages contain clickable links, don't let the titles fool you, some of the best articles have very non-descript titles and there are usually more articles on the matters in the days and week pages the links land on so it's a sort of treasure hunt through history, Enjoy!
No comments:
Post a Comment
Just keep it civil.