Quote:
Originally Posted by Munchkin03
What do you mean, "finally"? I've been hearing this during the entire crisis.
We all know that this crisis was caused, in part, by how banks made it easier for people who had NO BUSINESS being homeowners to buy places far far beyond what they could afford. Just look at a list of neighborhoods affected the most by foreclosures...the demographics aren't a coincidence.
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I think he means that a news source is finally pointing out that banks didn't just decide "Hey, let's stop making sure people are going to be able to pay us back before we loan them money, it'll work out great." To point out that the reason banks made these kinds of loans is because they were coerced to is a big difference from everyone just printing the garbage Barney Frank has been spewing about "Look what the greedy banks that the Republicans deregulated got us into."
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