Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Moridin920
Nov 15, 2007

by FactsAreUseless

Eames36 posted:

Yes the housing bubble was created in large part because of home equity loans for pinball machines.

It had nothing to do with the predatory practices on the part of mortgage lenders

Or the biggest financial institutions in the world securitizing that debt and marketing it as a AAA investment when it was garbage

Or the credit rating firms who were "doing the due diligence" completely fabricating the ratings and colluding with above stated financial institutions

it was because everyone wanted a ball pit in their house, that no one actually has.

Adbot
ADBOT LOVES YOU

  • Locked thread