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Re: Subprime 2.0: Mortgages Now Available For Borrowers Without Credit Scores 

By: Zimbler0 in POPE 5 | Recommend this post (2)
Sat, 27 Jul 19 3:12 AM | 54 view(s)
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Msg. 36732 of 62138
(This msg. is a reply to 36686 by micro)

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Micro > Apparently nobody learned from the lesson....


Oh they learned all right Boss.
They learned that there is a LOT of money to be 'packaging'
phoney-baloney mortgages and not a lot of risk of going to
jail for it.

But the real crime is the lying thieving skunks of the demoncarp
party who passed 'frank-dodd'(enstein) instead of looking into
the root causes of it and correcting them.

Zim.




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Mad Poet Strikes Again.




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The above is a reply to the following message:
Re: Subprime 2.0: Mortgages Now Available For Borrowers Without Credit Scores
By: micro
in POPE 5
Fri, 26 Jul 19 2:05 PM
Msg. 36686 of 62138

THAT is NOT a good thing.... Derivitives won't be far behind... (derivatives is another name for poison pill)

Apparently nobody learned from the lesson....


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