Louise Tale reports on a new trick on Wall Street to make money on economic misery, the so called &
Originally posted here:
Vuture funds take advantage of distressed mortgages: a new Wall Street trick?
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The American Dream has become a nightmare as we have allowed individualism, materialism and selfish greed to override being a good citizen, good neighbor, and going as far as your ability and hard work would take you. ..... In my opinion, he was too generous, as the Wall Street bankers of today personify pure evil. Only soulless parasites could create subprime, no doc, and Option ARM mortgages, sell them as packages to pension funds, bet they would collapse, ...