[quote=SK in CV]Like I said BG, I don’t have much of a problem with a strategic default. Bad borrowers didn’t cause the problem. Bad lenders did. Lenders take risks. Strategic defaults is one of them.[/quote]
Let’s not be ridiculous here. Without the “bad borrowers” there wouldn’t have been a problem. They were not the only source of the problem, but they were indispensable, just as the banks, etc. were.