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Florida Insurers were running a Ponzi scheme, got it.
by wheelerwj 2y ago
Florida Insurers were running a Ponzi scheme, got it.
- toomuchtodo 2y agoStill are. https://news.ycombinator.com/item?id=42450680 https://news.ycombinator.com/item?id=42450680 https://news.ycombinator.com/item?id=41664750 https://news.ycombinator.com/item?id=41664750
- whimsicalism 2y agoagain, government at fault. it is beyond stupid that GSE mortgage backstops even exist in the first place