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Tag: subprime mortgages

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The return of high risk mortgages? – FT

August 31, 2017 Underground

Subprime loans were one of the main causes of the credit crisis. So why is lending to risky borrowers back in vogue? Hmmmm, perhaps because we bailed out the banking system without … Continue reading The return of high risk mortgages? – FT

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Why the Goldman Sachs Settlement Is a $5 Billion Sham

April 13, 2016May 21, 2016 Charles

The penalty might sound pretty stiff. But get a load of the real math. When all the math is said and done, the true among comes out to around $0. And that … Continue reading Why the Goldman Sachs Settlement Is a $5 Billion Sham

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