Friday, September 2, 2011

AP: Feds sue big banks over sales of risky investments

Feds sue big banks over sales of risky investments
http://m.apnews.com/ap/db_16026/contentdetail.htm?contentguid=L0bTygfY

Those loans were toxic because the Feds wanted people who could not afford a home to buy a home! The only way to do that was for the Banks to relax their loan policies. This was mandated by the Federal Government under Clinton! So the banks did what the liberal Democrats wanted against common sense, now the American tax payer foots the bill for the stupidity of the libs? And NOW the government is taking it out on the private financial institutions?? Dude, investigate the corruption at Fannie Mae first! Take away Johnson's pension!!
-Andres
Sent from my UberBerry

No comments: