>banks didn't account for this with lax lending standards Pretty sure the ratings fraud got fixed. Also pretty sure they didn't just go back to handing loans o

>banks didn't account for this with lax lending standards Pretty sure the ratings fraud got fixed. Also pretty sure they didn't just go back to handing loans out to anyone with a pulse. I'm sure there's some crazy intricate financial instruments made up of dogshit still around, but it's probably going to be a smaller percentage of the bank's balance sheet.