posted on May, 16 2011 @ 12:48 AM
The thing I hate about all this is the argument that somehow greed wasn't the primary reason for the economic fallout. Also, buying a house in
America is what everyone dreams about. If the bank suddenly tells you you're elegible for a mortgage it's not like you aren't going to consider
People probably would've been thinking a little more rationally if the banks had denied mortgage applications as they should have instead of giving
out mortgages like sweaters at Old Navy.
Behind closed doors they had to have known what would eventually happen. But, no, everything was fine, right?
Of coarse, if you picture the CEO of a big financial firm focused on their 1.5 million dollar office remodel or a 4-figure umbrella rack it's easy to
understand why they felt that way! Give us your money, everything will be fine!