Bill Black: "It is not a few rotten apples. It is an orchard of one percenters who are rotten to the core."

lambert's picture

Yep.

The problem here is that they may actually believe they can keep the mandate of heaven.

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jest's picture

But, but, Papa Barack said...

...we must look forward, not backward.

Long article on how borrowers are NOT the cause of Big $hit Pile

Meltdown. And shame, shame, shame on anyone, especially MCMers, who say they are.

There is so much information refuting this Big Lie that it is criminal for the MCMers to act as if it has any merit whatsoever. We are so ill-served by most of our press corps.

Via Capt. Jack, commenting at Naked Capitalism under interesting article about Chase banker who describes the predatory mortgage lending practices he oversaw at Chase Home Finance as a regional VP.

Nicholas Kristoff writes about the banker and his erstwhile banksterism, now regretted, in his op-ed in the NYTimes today.

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