AND THE COMPLEXITY OF THE FINACIAL CRISIS ? LOL !!
The GSEs poisoned the world securities market by bundling good loans with crap loans and selling CDOs to the to investment banks as AAA securities that could NEVER be evaluated.
Cmon, throw some of that "complexity" my way. One of my sources was on the ****ing comission that was appointed to find out WHY it happened.
I posted that information to give you some context to Holders ambitions. Banks were never villified prior to the sub-prime collapse and the "too big to fail" moniker was placed upon them by the media. Dont be so gullible to believe it.
What did you do, rent the Movie ? Its fiction.
Holder sued Wells Fargo. You want to know why ? They refused to take part in the sub-prime mess.
Holders lying, its clear, his lips are moving. He and BO both shook down banks.
wise up. Prior to the 90's banks wanted to enforce their lending standards to STAY IN BUSSINESS.
Youv'e just teamed up with the 99%ers who are clueless.