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Political Discussion
Reply to "Barney Frank is being quite candid"
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[quote=Anonymous][quote=Anonymous]Simply the government relaxed standards for affording mortgages. The junk got bundled and sold as bonds. Real problem was the junk which politicians supported.[/quote] Actually that's a vast oversimplication. This thread is a testament to the fact that people who actually understand financial institutions and markets should be regulating the industry and not self appointed experts who simple parrot random pieces of the Big Short.[/quote]
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