Saturday, October 9, 2010

A honest Mortgage broker spills the beans

The Broker Who Warned of the Crisis and Was Ignored

Interview exposing what went on in the American mortgage market from a real honest broker

Posted by the number cruncher @ 12:10 PM (1185 views)
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3 thoughts on “A honest Mortgage broker spills the beans

  • Yes, the people in charge at the time were warned.

    If they’d looked into it then and produced a proper report, things would/should have been changed.

    They chose to ignore warnings and should now face jail sentences.

    In this country I would consider jail sentences fir Blair & Brown to be appropriate together with the majority of the board of major lenders & while we’re at it people in charge at the FSA.

    Sentences to run until such time as the debt and deficit is back under control.

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  • gone-to-colombia says:

    How about the web site and its contributors who warned.
    We will be written out of the history, it was ever thus.

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  • str 2007 said…
    ‘In this country I would consider jail sentences fir Blair & Brown’
    What tosh. The peeps loved all the ‘riches’ of their ballooning assetz, and had been addicted for decades prior.
    Just showing your political bias – I’ll bet old Broon gets a Nobel prize for Economic Sciences before this decade is out for his part in coining the notion of QE….laughable in the whole, but he was a fulcrum when Obama Merkel and Fukyudada were looking for a corner to piss in, in a round room.

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