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P.S. Keep in mind 5yr arm resets are around the corner. This will create another wave of foreclosures, and possibly more toxic securities raising their head etc.
In my opinion. These fucking bankers thought they could repacked these shit loans into good loans,sell them off to other people and no one would know the wiser. Because on average the good loans should out perform the bad loans. But they took it to the extreme and now we're all fucked. It god damn criminal. They should all be taken out and shot.
And the other bullshit about not limiting ceo compensation because then they won't get the best and brightest to apply for the job.. Well, they ALREADY HAD THE BEST AND THEY STILL FUCKED IT UP!!!! I'd rather have a fucking monkey running these institutions, at least we could train the fucker!
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