re: #216 pittrader1988

bullshit. he could have pointed the finger at both parties. there are criminals on each side of the aisle, and in all bureaucratic agencies.

Of course they could have. There was a political component. I’m not denying that. But I do not believe that the investment companies cared about the politics behind the loans they were selling. They were doing it because it made money. And if they knew the risk was bad they lied about the rating. My opinion is that that the politicians followed the banking industry, not the other way around.