The Mudcat Café TM
Thread #119407   Message #2589714
Posted By: Amos
15-Mar-09 - 08:25 PM
Thread Name: BS: Understanding Economics.
Subject: RE: BS: Understanding Economics.
Well, it was a bit mor eoddball than that--these guys who were making rotten mortgages at a mad rate and rolling them into derivative packages were creating things the law had never anticipated and were doing things through the loophioles.