3 ms·
It's so crazy to me how 2008 was barely a decade-and-a-half ago, and people already forgot how much of a coordinated, organized, and pseudo-fraudulent shitshow
by dvt 2y ago
It's so crazy to me how 2008 was barely a decade-and-a-half ago, and people already forgot how much of a coordinated, organized, and pseudo-fraudulent shitshow the CDO merry-go-round was. Loans were given out, rating agencies were being bought, and everyone was skimming off the top until the music stopped. Are we really pretending it can't happen again?