Re:The Real Cost of the 2008 Financial Crisis
by Isamu on Tuesday September 11, 2018 @01:53PM
(#17961864)
It was Fannie Mae, the large semi-government housing lender, that was strong-armed into supporting sub-prime lending in a big way. Again for good reasons. This normalized sub-prime lending for others.
Not everything has an evil agenda behind it. Sometimes the reasons are fairly ordinary and boring.
Not everything has an evil agenda behind it. Sometimes the reasons are fairly ordinary and boring.