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(CNN)   Aw geez, not this shiat again   (money.cnn.com) divider line 6
    More: Stupid, adjustable-rate mortgages, Federal Housing Administration, mortgages, credit reports, subprime mortgage crisis  
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6142 clicks; posted to Business » on 21 Mar 2014 at 5:06 PM (36 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest

2014-03-21 04:20:30 PM  
3 votes:
Hey, I just had a brilliant idea.  Why don't all those subprime loans get bundled into a package then reshuffle the packages again and again and sold off and traded in portions as some sort of, I don't know, credit default swap, and then finally traded to like a big investment bank or maybe an insurer.  Wow, this could begin the boom of the 21st century!
2014-03-21 04:02:11 PM  
2 votes:
Sweet, I can finally start flipping homes again!
2014-03-21 08:30:29 PM  
1 votes:

Sin_City_Superhero: Smeggy Smurf: Sin_City_Superhero: We just don't farking learn, do we?

That's why I advocate hanging people for fraud.  It would put an end to this shiat in a hurry

But I'm already well-hung.


www.dvdtalk.com
2014-03-21 07:15:30 PM  
1 votes:
Not just mortgages and student loans, car loan financiers have been dabbling in subprime loans for awhile now. History doesn't always repeat but sometimes it rhymes.
2014-03-21 06:30:22 PM  
1 votes:

Smeggy Smurf: Sin_City_Superhero: We just don't farking learn, do we?

That's why I advocate hanging people for fraud.  It would put an end to this shiat in a hurry


But I'm already well-hung.
2014-03-21 06:21:38 PM  
1 votes:

Grand_Moff_Joseph: And there goes any remaining hopes that Millennials and older Gen Y folks ever had of selling their starter homes to get a tad more space.


Starter home? nubian please. We are still living with our Boomer parents.
 
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