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bginsc, I can only assume that the corrupt and criminal behavior shown by Walmart in this escapade is OK with you. You're part of the problem, not the solution.
But it was the government that encouraged....even forced the bankers, investers (sic) to take on all this risk.
Nice try but no cigar. They weren't forced to do anything; on the contrary, the legislation stipulated that the banks were not to lend to high risk borrowers. Do a little research before you post.
The collapse of the housing industry was caused by the short term capital gains greed of the financial, appraisal and real estate industries and the vicious greed on Wall Street when they packaged the artificially high property into securities. They built a house of cards knowing it would fall but didn't give a damn. T...more
For all you Obama haters and promoters of the Republican lie, here's some information. For all the thumbs down the only thing I can say is that you have a problem accepting the truth. The continuous promotion of a lie will only fool those who are gullible enough and ignorant enough to believe it.
SLOWEST SPENDING IN...more
The majority of Americans no longer have any faith or trust in Wall Stree, for good reasons. The big players pump and dump while leaving everyone else holding the bag. It's' all about short-term capital gains at the expense of the small investors and the long-term viability of our economy. A vicious and selfish greed h...more
6/4/2012
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