Originally posted by Gromgor
This here is EXACTLY the wrong way of thinking about accountability. Companies should have taken the initiative and NOT given out these loans.
I'd appreciate if someone could clarify this better for myself and others, but I am under the impression that these bad loans were forced upon the banks through the likes of Chris Dodd, Barney Frank and the National Black Caucus in order to continue expanding and doing business.

It now seems the ones who caused this problem are wanting to throw my money at the problem, pretend that they were not complicit in the scam then feign disgust at those they deem easy targets to lay the blame on. Soon they will parade out and endless supply of 'poor souls' who are going to lose their homes if we don't do something now. Bullshit. I'd say it looks like there are going to be a lot more people renting out there. Pay your bills like I pay mine and keep your hands out of my wallet. The fucking ones who are going to hold 'hearings' and 'investigate' into the whos, whats, and whys this problem came to pass are the VERY ones who need to be investigated. I'm certain there is plenty of blame to go to the peoples running these companies but they aren't the only ones at fault. There have to be hundreds of VPs, CEOs and highly paid employees from the likes of Fannie and Freddy that need to have all their assets frozen and seized in order to pay for some of this. Obama's former economic advisor alone raked in over 90 milllllllllllion dollars in 6 years over at Fannie Mae. So I am sure there is plenty of others out there that need to be led down the 'perp-walk', but it will never happen. So we see what happens when the government gets involved in something as seemingly inconspicuous as home loans. Then we are told on a weekly basis by our press that we want and need socialized medicine. Ha! Ha!