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The government forced these banks to offer bad loans
#9
On top of that, no one can force big business to 'make these loans' in such large numbers...big business did it for one reason...GREED. They were hungry for something after the 'dot com' crash, and so thought that they could make a killing on real estate, and so in pursuit of huge sums of money, they gave loans to anyone and everyone.
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Re: The government forced these banks to offer bad loans - by Carnos Jax - 09-25-2008, 11:39 PM

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