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I would argue the bankers who packaged sub-prime mortgages as securities, knowingly stocking bullshit investments in large enough groups where they looked ok, a
by FussyZeus 10y ago
I would argue the bankers who packaged sub-prime mortgages as securities, knowingly stocking bullshit investments in large enough groups where they looked ok, and fudging the numbers to do it in most cases. In my mind there's no difference between that and for example, selling a lemon car and should have a similar outcome.