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Probably because they knew the Feds would never allow so many people to lose their homes. It's sort of like the fabled "Greenspan put" [1], if something bad hap
by jonknee 9y ago
Probably because they knew the Feds would never allow so many people to lose their homes. It's sort of like the fabled "Greenspan put" [1], if something bad happens you can count on Uncle Sam to pump things back up.
[1] https://en.wikipedia.org/wiki/Greenspan_put https://en.wikipedia.org/wiki/Greenspan_put