Quote:
Originally Posted by epitome
It was one of those things where if the banks did things as intended all should have been fine. They got the sweet taste of the insane returns on sub-prime mortgages and exploited them every way they could think of.
Gotta think of the banks like junkies. Give them a little baggie and tell them it has to land all weekend and they will go off the deep end into a deep binge.
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of course idiots who bought houses they can't afford are 100% innocent in all this... no matter how the facts are spun, at the end of the day, they were the ones that signed their name on the dotted line agreeing to pay $XXXX per month and they were the ones that breached the contract by not paying later...