InvestorsHub Logo
Followers 64
Posts 27982
Boards Moderated 0
Alias Born 12/28/2008

Re: Govforprofit post# 793570

Saturday, 05/11/2024 4:23:52 PM

Saturday, May 11, 2024 4:23:52 PM

Post# of 796074
blame the rating agency ??? (some people ask why F and F were AAA)

anyway - I would suggest the BANKS that gave out liar mortgages and 5 year interest only - and the infamlous 80-10-10-10 -- no money down mortgages - re sold as strips (imagine owning the first 10% decline ?)

BANKS got greedy and dirty --- and some just plain dumb