Friday, October 15, 2010

Smoke and mirrors

tree of moneyAs though the generation of crappy mortgage loans and the foisting of their risk onto investment funds weren't crooked enough, banksters couldn't be bothered to keep records of their shenanigans, so nobody's sure who actually owns the loans on many homes faced with foreclosure. I agree with Digby that it's time for some jail terms and a lot fewer handouts to financial geniuses!!

(via Eschaton)

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