And so were idiot soulless robot money grubbing capitalists. Private sector. Wall Street. Banksters. Don't fall for that stupid Rush Limbaugh stuff about it all being Gov't fault. Barney and Dodd are scum but are they worth millions today due to the real estate bubble? No.
Follow the money. See who profited the most. See who made millions and who made tens of millions
Honestly, dw, you’re wasting your breath. There is a contingent who refuses to believe that the banks and mortgage companies did anything wrong. If any loan was required to be approved by the government, then why would the loan officers have to falsify the data so the borrower could qualify? That’s what was going on, coupled with senior executives signing patenly false financial statements in violation of Federal law. Is the government complicit? Absolutely. Which is why the SEC and Justice Department haven’t even questioned the whistleblowers who have come forward.