Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015)

Re:Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015) by nopzor on Sunday September 10, 2017 @02:49PM (#15213634)

because at the time very few people had the guts to?

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Re:Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015) by paulddraper on Sunday September 10, 2017 @05:32PM (#15214415)

(1) I don't think it actually turned out great.

(2) Even if it had, "it worked out" isn't a good justification for gambling with taxpayer money.

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Re:Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015) by Godel_unicode on Sunday September 10, 2017 @05:39PM (#15214435)

What result would have met your test for worked out? Gambling with taxpayers money is a pretty good description of the job of government (will this transportation system get used (consider Detroit's highway system)? Are we encouraging business the right way? Will this law reduce crime?)

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Re:Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015) by paulddraper on Sunday September 10, 2017 @07:24PM (#15214860)

Uncertainity about the usage of a hypothetical transportation system is qualitatively different than investing money to a company that has been mis-managed so badly it's going bankrupt.

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Re:Why Sub-Prime Lenders Didn’t Cause the Housing Crash (2015) by nopzor on Sunday September 10, 2017 @05:41PM (#15214446)

re: (1), so you think it didn't turn out a hell of a lot better than most imagined?

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