They weren't even sacrificed "unfairly"...
Washington Mutual was one of the absolute worst offenders of writing EXTREMELY bad loans. The No Income No Doc kings. I could write loans for a person's pet using wamu.. Sparky could legit own 4-5 homes.
18 years ago, I worked both as a loan officer, during the boom, then switched to Recovery during the bust.
I both wrote WAMU loans, and also worked recovery on them.
They were soooooo bad.... Hundreds of billions of pure shit. They dug their own grave. The run was valid.
Sheep in denial, are just that.... Sheep in denial.
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