Anyone else remember that time lenders gave out no-down-payment mortgages to people who couldn't afford it, then they all defaulted, and the banks hid the bad mortgages in investment "vehicles" to spread them around the economy, and then it caused a global recession in 2008, and Obama gave said banks $700 billion dollars because they were "too big to fail"?
Anyone else remember that time lenders gave out no-down-payment mortgages to people who couldn't afford it, then they all defaulted, and the banks hid the bad mortgages in investment "vehicles" to spread them around the economy, and then it caused a global recession in 2008, and Obama gave said banks $700 billion dollars because they were "too big to fail"?
Wonder what they're doing these days?
Magic Eight-Ball says try again later. (this happened in reality, I asked it your final question and that was it's answer. Ironic, huh?