03-07-2016, 11:43 AM
(03-07-2016, 11:21 AM)michaelsean Wrote: From a novice's point of view, and I am willing to be corrected, you stop what happened by putting people like those in charge of Goldman Sachs in prison. They foisted these crap mortgage packages on their customers as AAA investments. They then bet on these investments to fail by taking out insurance on them, so they made money both ways. I understand it's way more complex, but it sure looked like fraud to me.
You are correct.
People should have paid for what they did.
