Saturday, July 19, 2014

Ponzi Debt: Profiles of the ordinary thieves of the housing bubble

People are basically honest and will do the right thing if given the chance. However, people are also opportunistic, and if encouraged and enabled to steal, many ordinarily good people will go down the wrong path. Lenders led many astray. During the housing bubble, lenders were desperate to loan...
Profiles of the ordinary thieves of the housing bubble




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