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not tell them what they thought of the securities and they did so knowing knowing they re whole goal was to reduce their exposure to risk and lay it off on their own clients. do i think that s wrong morally wrong, yes i do. i think it was ethically wrong of wall street to buy up mortgages, package them up and sell them off to investors saying they were doing due diligence saying they were investigating the mortgages that were as build when in truth they weren t. i think that s a problem. i think it was wrong of mortgage brokers to people to encourage people to lie on their applications so they could get mortgages. and i think it was questionable for regulators in d.c. to look the other way as they heard story after story in the mid-1990s that people were getting loans they couldn t pay back. and start with jimmy wells on the anniversary of wikipedia. we keep the servers running, communications legal. all the infrastructure. charlie: why did you do it that way? ....
shove lousy securities down their throats and basically did not tell them what they thought of the securities and they did so knowing knowing they re whole goal was to reduce their exposure to risk and lay it off on their own clients. do i think that s wrong morally wrong, yes i do. i think it was ethically wrong of wall street to buy up mortgages, package them up and sell them off to investors saying they were doing due diligence saying they were investigating the mortgages that were as build when in truth they weren t. i think that s a problem. i think it was wrong of mortgage brokers to people to encourage people to lie on their applications so they could get mortgages. and i think it was questionable for regulators in d.c. to look the other way as they heard story after story in the mid-1990s that people were getting loans they couldn t pay back. and start with jimmy wells on the anniversary of wikipedia. we keep the servers running, communications legal. all ....