Home › Forums › Financial Markets/Economics › ghost towns of spain › patb wrote:pri_dk
[quote=patb][quote=pri_dk]Clearly this was caused by Fannie and Freddie.[/quote]
Clearly this was Obama’s fault.[/quote]
You forgot the minorities. Wall Street was forced to lend to minorities, who were ultimately responsible for the collapse of Bear Stearns.
In fact, ACORN created the entire concept of CDO’s. That’s what Fox News said, at least.