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  #11  
Old March 25, 2009, 10:09 PM
Dien Rice Dien Rice is online now
Onwards and upwards!
  
Join Date: Aug 2006
Posts: 3,476
Default Here's a cartoon that explains it...
Quote:
Originally Posted by Ankesh View Post
Thanks TW.

I think you should read:
http://en.wikipedia.org/wiki/Subprime_mortgage_crisis

Government did reward the banks that gave away subprime loans. But the government didn't force any bank to deal with the mortgage bond market.
This "cartoony" video explains it... It's worth watching.

http://crisisofcredit.com

Best wishes,

Dien
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  #12  
Old March 26, 2009, 08:53 AM
resultkk
 
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Default business
proper marketing will grow ur business
Last edited by GordonJ : March 26, 2009 at 09:27 AM.
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  #13  
Old June 15, 2009, 11:22 AM
rickeybojey
 
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Default Re: The Fisherman and the Bird
The story of "the fisherman and the bird" was something eye-catching. Well, I guess, people can blame all they want but the fact remains that blaming doesn't result to anything. Instead, doing something to alleviate the suffering would somehow ease it.
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