3 ms·

Intentionally or negligently caused '08?

• joquarky 5mo ago
  Intention is becoming worthless in the disinformation age.
• Ekaros 5mo ago
  Intentional negligence? In many parts any reasonable looking into future should have made it clear things were unsustainable. Both on loan origination where rates would end up unsustainable for borrowers but also the derivative side with unsustainable liabilities. Screams of being intentional and negligent at same time, but it did make money.