It ruins the narrative it’s all Democrats fault.. In fact the Republicans created the housing mess and this scenario from the start...... the Democrats just kept it going...
True, you got the stealing correct but got the attempt wrong. The banks still have them where they want them. They are still trading derivatives the like of CDSs and CDOs. Thats what the banks wanted all along and it will be hell to pay to get them out of investment banking on MBS.