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alamc200 (November 30, 1999 at 12:00 am)
7 people still didn't get it..
cuiyan2222 (November 30, 1999 at 12:00 am)
LOL
jabariabramson (November 30, 1999 at 12:00 am)
Freaking perfect. Great video, I wish this was playing all over the U.S.
wildnites558 (November 30, 1999 at 12:00 am)
Perfecto! The best and most accurately concise (and not to mention -- politically incorrect) explanation of the '08 financial meltdown i've ever seen.
calcularhipoteca (November 30, 1999 at 12:00 am)
could happen again?
neutronflare47 (November 30, 1999 at 12:00 am)
"Fuck you... Fuck YOU!" LOL
sha370z (November 30, 1999 at 12:00 am)
2009 was the aftershock
iFullMetalJacket (November 30, 1999 at 12:00 am)
@tiki2188 I think it had more to do with shadow banking (non-depository independent banks) that largely took hold in the late 90's and by 2008 had almost equalled the liquidity of regular commercial banks. But you are right, the CRA did encourage banks to loan to risky people.
iFullMetalJacket (November 30, 1999 at 12:00 am)
The banks, investment banks, rating agency's, in this video- can you give me example of specifically what institutions that were doing this?
diodoro73 (November 30, 1999 at 12:00 am)
Thanx for posting TFF!!! this made plain what i had to read 3 chapters in my Economics book to understand. I hear people d=say that Obama's Reform Act is a joke and that it brings not real transparency to the books nowadays... |