A Comment About

Obama the Pitchfork Operator: A Remake of the Soviet Classic

April 7, 2009 - 12:00 am - by Oleg Atbashian
mvfreeman
2009-04-07 11:34:39

Jerr, those banks issued those loans because they wanted to increase their market share and possible profits, not because they were forced by CRA guidelines,which they were not subject to in the first place.

With ever increasing home prices they felt their risk was covered.

http://online.wsj.com/article/SB123897612802791281.html

http://bigpicture.typepad.com/comments/files/647-20081013-ECONOMY-subprime.large.prod_affiliate.91.jpg