Quote:
Originally Posted by BleedBurgundy
Agreed but, correct me if I'm wrong, I don't think Fred and Fran were FORCED to take on all of these subprime loans, the GOV just gave them the option and they took advantage of it. But, looking at your entire post, I can see we mostly agree.
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Forced? No. At least not in a legal sense. I believe.
But yes "forced" in terms of manipulated so that their best way to make money was by buying junk loans.