4 ms·

I disagree. I think it's responsible to not make crazy loans, even if you might be turning down profits.

• TomOfTTB 17y ago
  Consider this. 5 years ago the past two Presidential Administrations (Clinton and Bush) had done nothing but praise companies like AIG for increasing home ownership. The ex-CEO of AIG who everyone now hates was selected by the Secretary of the Treasury for God's Sakes. I don't agree with what AIG did and I thought it was crazy for them to be praised at the time but I'm also not sure you can blame a company for doing exactly what the Government asked of them especially when they were being praised for it by that same government at the time. Because most financial people don't have the most well developed moral compass which is exactly why they look to government to set the tone. Which is why In these circumstances I blame the government