no there was massive fraud with the ratings agencies on board bundling junk CDO's as AAA investment grade offerings. The economy was ruined by this when it was revealed to be a house of cards.
The people in the housing market were getting paid huge sums of money to sell mortgages to people who had no means of paying. It was far from just bad policy. It was fraud.
my belief is he was on board. At best he was ignorant and didn't know what was going on during his presidency on a matter that brought the nation to its knees so incompetent.
I just remember a news clip where he is telling everyone what a great time it is to buy a house. If you want one go get one. I believe he is guilty as well as incompetent.
no there was massive fraud with the ratings agencies on board bundling junk CDO's as AAA investment grade offerings. The economy was ruined by this when it was revealed to be a house of cards.
The people in the housing market were getting paid huge sums of money to sell mortgages to people who had no means of paying. It was far from just bad policy. It was fraud.
my belief is he was on board. At best he was ignorant and didn't know what was going on during his presidency on a matter that brought the nation to its knees so incompetent.
I just remember a news clip where he is telling everyone what a great time it is to buy a house. If you want one go get one. I believe he is guilty as well as incompetent.