Banksters vs Deadbeats

This misses some key points about the motivations for how banksters were blowing up the housing bubble and manufacturing as many RMBSs as possible, but is still a pretty good summary of why attacks on homeowners who are in default as deadbeats is wrong, while banksters are squarely to blame for the foreclosure crisis.

If nothing else, this shows how thin the banks’ arguments against homeowners is.

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