EC President José Barroso copied our teh WON well. IOW, he lied.
A large sum of “Stimulus” and “Son of Stimulus” money went directly to banks in UK and Europe, yep, to ‘bail them out’. Now the politician turned around and put blame on US Banks.
Anybody wants to correct Barroso?
The US - banksters and politicans - did cook up the real estate loan fraud game as well as other banking gimmicks that European banksters and politicans should have rejected as unethical, losing scams.
When you see a bank robber and decide to join him, you are guilty right along with him. We may have offered the criminal genious, but Europe drove the getaway car.