The subprime crisis was purely a Wall Street invention. Nobody seemed to care that most of them could never be repaid; the focus was just on the fees. It’s not much different from what happened with the infamous “investment trusts” that National City and other big banks were flogging in the late 1920s.
read more | digg story
Subscribe to:
Post Comments (Atom)
9-12-2026
Elon Musk is Running a Fake Voter Registration Site Designed to Steal and Sell Data Senator claims Trump may open US market to Chinese EVs...
-
The Pentagon Just Threw Larry Ellison a $7 Billion Lifeline. Will It Be Enough to Stop the Oracle Crash? White House offers its science bl... -
Is it illegal to trick the US government into wiping your phone during a questionably legal search | The case of a traveler who allegedly en... -
High school teacher arrested for clapping in support of anti-data center activists SpaceX Stock Hammered After Starship Booster Fails in F...
No comments:
Post a Comment