Deacon923
Scooter Banks
http://time.com/3162281/goldman-paying-3-15b-over-us-mortgage-bond-claims/
And yet no one has gone to jail. Thanks, Obama.
And yet no one has gone to jail. Thanks, Obama.
http://time.com/3162281/goldman-paying-3-15b-over-us-mortgage-bond-claims/
And yet no one has gone to jail. Thanks, Obama.
That's a fucking rounding error for Goldman. What a joke.
It's like 50% of a year's net income. Not exactly a rounding error.
It's like 50% of a year's net income. Not exactly a rounding error.
Not to mention B of A got to take a tax deduction for their penalty.
Probably. Still one of the biggest fines in history. I'd much rather see the masterminds in jail and preserve the institution than just fine the shit out of them after the big players have already captured ridiculous wealth.It's still a bargain. My guess is that it was only a fraction of what investors lost not to mention how much homeowners lost.
It's still a bargain. My guess is that it was only a fraction of what investors lost not to mention how much homeowners lost.
Probably. Still one of the biggest fines in history. I'd much rather see the masterminds in jail and preserve the institution than just fine the shit out of them after the big players have already captured ridiculous wealth.
+1 The people responsible for this are long gone, free, and very wealthy.
yeeshHomeowners for the most part have nobody to blame but themselves.
Homeowners for the most part have nobody to blame but themselves.
The people selling them the mortgages and encouraging them to lie and that it was OK also have a lot to blame. Millions of Americans aren't capable of understanding intricate, tricked out mortgages.
Plus people do trust professionals.
The banks and investment companies misled investors dramatically.
If you are that unsophisticated of a potential homeowner than you have no business buying a house.
You are basically saying uneducated folks deserve to be ripped off. Do you believe that?
Homeowners for the most part had nobody to blame but themselves.
If you are that unsophisticated of a potential homeowner than you have no business buying a house.