“That’s the worst part…all the assh($es who headed companies like New Century, etc. knew what they were doing. At the end of the day they sold their stock options and walked away leaving the stock holders & the government (Fannie Mae & Freddie Mac) aka TAXPAYERS holding the bag.”
Agree – no one could be blindsighted by this –if they were an exec.
May the various State AGs can find a way to prosecute them under some consumer protection or trade laws.
