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To: Lorianne
The financial crisis that nearly brought down the global economy was triggered in no small part by the aggressive culture and spotty ethics within the world’s biggest banks.

And of course Barney Frank, other politicians, and the courts had nothing to do with millions of bad loans being made to people who had no ability to service them.

Damn those banks and lending institutions that did what judges told them they had to. Then when banks and lending institutions bundled that bad paper to get it off their backs, those same entities labeled them crooks and worse. Were there some problems with banks and lending institutions? Sure. It would be wrong to say they were perfect in all this. Lets be honest though, this was a planned failure. We all know it. I'll be damned if I'll pile on the banks to the exclusions of all the other players.

10 posted on 07/30/2014 1:02:22 PM PDT by DoughtyOne (Think how stupid the average person is, and then realize half of the populace is worse than that.)
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To: DoughtyOne

Shame on you. A rational explanation is not needed here.


28 posted on 07/30/2014 4:11:23 PM PDT by rlmorel ("Anyone who will shift their stance so fluidly in the pursuit of support isn't worth supporting.")
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