06-23-2016, 12:00 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by ZeroJunk
I don't have any sympathy for any of them, particularly the geniuses who insured the collateralized debt multiple times trying to get rich and lost their ass. AIG, in particular. Plenty of blame to go around.
But, in the end if the borrowers had simply paid what they signed a contract to pay there would have never been a great recession.
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https://www.youtube.com/watch?v=DvSaDS7M4f8
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