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Old April 16th, 2010, 11:05 AM   #1
clarkstoncracker
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Default Government now suing sachs?

http://www.nytimes.com/2010/04/17/bu...17goldman.html


hahahahha.


Government forces banks to meet a quota of lending to people who had no money


Government sues bank after those people defaulted saying the bank messed up.


classy
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Old April 16th, 2010, 11:07 AM   #2
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classy indeed....
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Old April 16th, 2010, 12:44 PM   #3
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Obama's Fault!!
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Old April 18th, 2010, 09:56 AM   #4
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http://www.nypost.com/p/blogs/thespr...axrZFSkHea0MqI


Surprising
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Old April 20th, 2010, 12:58 PM   #5
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i'm fairly sure it was clinton that enacted the "fair housing" bill or what ever it was that made banks have a quota for low income families.

and its not that the familes had no money. if they had no money they would be on welfare/SSI whatever and would live in subsidized housing.

3rdly it is the fault of the low income family for not reading and understanding their mortgage. but with public education these days its no surprise.
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Old April 20th, 2010, 01:17 PM   #6
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Quote:
Originally Posted by firehawk View Post
Obama's Fault!!
and barney frank and chris dodd
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Old April 20th, 2010, 01:57 PM   #7
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When I just read the thread title...I thought it was ZF Sachs.

The government is extremely classy. You guys didn't know?
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