Friday, April 10, 2009

Wall Street Blaims Homeowners for Crisis?!

Wall Street is by far the most responsible entity in this crisis. In general, the homeowner made a mistake. You have the homeowner who took out a mortgage beyond his or her means vs. the financial institutions which pushed them on the homeowner, securitized all the crap and funneled it throughout the system, and had horrible risk management.

read more | digg story

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