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What Created The Subprime Mess
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not watching 8 min
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inbreeding caused it!
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Greed + Stupidity
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Banks allowed non strict lending ... loan officers marketed them to consumers.. simple... then mkt of homes down.. ARM loans blah blah
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Greed :321GFY
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that youtube clip sounds pretty accurate :thumbsup
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I felt sorry for my friends that did ARM and are not losing their houses. Some of them were pretty smart about other things.
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