Quote:
Originally Posted by onwebcam
The mortgage "scheme" wasn't really a thing. It was just an excuse. Most people forget that what happened first is George Soros pulled his entire portfolio out of the money markets which is what triggered runs on the banks and that is what started the collapse. He did this to propel Obama into office. And then banker bets (cdo's) are what really finished the market off.
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George Soros pulled his money because he's bright enough to realise that buying/selling $100,000 debt bonds
that would never be paid. Wasn't worth touching.
Or do you believe if he had kept his money in, nothing would have gone wrong?