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who is at fault?
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[QUOTE]Originally posted by Propertymanager: [QB] [QUOTE]that's a smoking gun?[/QUOTE]Yes, that's a smoking gun. [QUOTE]the bottom line is that Fannie ALSO loaned more to poorER people of all races and creeds.[/QUOTE]Agreed, this is not a race issue beyond the fact that the leftists targeted certain racial groups (especially african americans) for these subprime loans. All that accomplished was to further damage the african american community, just as welfare and other socialist programs have done for decades. [QUOTE]i still don't hear people asking who is on the "winning side" of all the CDS'es... nobody but me has asked that question yet.[/QUOTE]Certainly, the people that packaged and sold those CDOs are on the winning side. The trick with CDOs was just to treat them like a hot potato and pass them to some ignorant investors before they blew up. [/QB][/QUOTE]
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