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properlynumb

12/05/12 8:40 PM

#65884 RE: dickmilde #65857

It's your illusion.
The liar loans that led up to the housing bubble made billions for banks, millions in bonuses.

This isn't about selling to some poor family.
It's about speculation and greed.
It's about the selling faulty mortgage bonds to the entire free world.
It's about systemic failure originated with cash default obligations.

AIG's failure was CDO's.

How many mortgages did they sell to po' folks?