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One, they did buy subprime mortgages; two, they've lost hundreds of billions of taxpayer dollars so far (and will lose more) paying for their distortions of the
by cynicalkane 17y ago
One, they did buy subprime mortgages; two, they've lost hundreds of billions of taxpayer dollars so far (and will lose more) paying for their distortions of their mortgage market. Hundreds of billions of dollars burned, lost, destroyed fueling housing demand, and you think that had nothing to do with the subprime crisis?