Quote:
Originally Posted by Buccaneer
It's refreshing to see a post like digamma, who actually knows what he is talking about, as oppose to those politicizing this.
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So the politicians that made uninformed decisions or decisions heavily influenced by lobbyists had little to nothing to do with creating the current environment?
Specifically the derivatives I was referring to were the ones where subprime loans got put through a maze of redistributions, so that they could effectively be repackaged as A+ debt instruments. That scenario should never have been allowed to happen.