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To: Pelham
you really have to marvel at the lenders who bought into it too..

Everybody in a position of authority was making big money and believed there would be no consequences for screwing up.

23 posted on 06/27/2012 5:20:12 PM PDT by nascarnation
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To: nascarnation

“Everybody in a position of authority was making big money and believed there would be no consequences for screwing up.”

That’s right. The guys at the top didn’t want to hear any negativity from their risk officers, the size of the money coming in overwhelmed their good sense.


25 posted on 06/27/2012 5:45:54 PM PDT by Pelham (Amnesty for Illegals, a bipartisan goal of the Stupid Party and the Evil Party)
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