Opinion Editorials
How the Markets Really Work
Opinion Editorials
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Opinion Editorials
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Gerry (RealtyMan) Bourgeois
October 5, 2008 at 11:40 pm
I saw this a few months ago. It would be Really funny if it wasn’t all too real. 🙂
Bob
October 5, 2008 at 11:43 pm
LMAO!!
Bob
October 6, 2008 at 12:39 am
SNL explains the mortgage meltdown.
Bill Lublin
October 6, 2008 at 1:58 am
Why does it always sound like it makes sense when its said in a British accent?
POPPY!
🙂
Lisa Sanderson
October 6, 2008 at 4:40 am
Finally, some straight talk! LOL
Steve Simon
October 6, 2008 at 6:59 am
This true, sad but true…
Then add to it, the Government interaction:
1995 the Clinton era, Rubin rewrites the rules to foster loans in minority communites;
diversity score determines whether yourfirm can grow or not!;
reserves for FNMA and FHLMC are lowered to 2.5% instead of 105 (like banks);
etc. etc.
FNMA hires a six to one ratio of Old Boy Dems, and starts on a $120 ,000,000 lobby spree!
Very sad…
Dan Connolly
October 6, 2008 at 8:07 am
It’s funny and would be great if he had left out the references to the racial identity of the borrower.
Brandon Green
June 29, 2009 at 2:51 pm
Excellent video!