11-21-2008, 02:57 AM
I respectfully disagree.
"Liar's Loans" are part of the subprime mortgage market. Bill Clinton had a fairly substantial part in pressuring Fannie Mae towards expanding their operations into the subprime mortgage market.
The Wall Street Journal had a scarily prophetic article on the subject on September 30th, 199.
"Liar's Loans" are part of the subprime mortgage market. Bill Clinton had a fairly substantial part in pressuring Fannie Mae towards expanding their operations into the subprime mortgage market.
The Wall Street Journal had a scarily prophetic article on the subject on September 30th, 199.