Wall Street Screwed Main St. (and themselves!)
October 10, 2008 by Bob Schenkenberger · Leave a Comment
The subprime mortgage mess, and questionable lending practices may have started this debacle, but the Wall Street brain trust are to blame for the full blown financial meltdown.
Greed and suspect ethics are the reason the financial infrastructure of this country is in a state of chaos. But instead of letting these companies be cannabalized by others in a true free market system, our elected leaders have chosen to open the treasury to these crooks. Maybe they should have opened up a few jail cells instead!
Check out this video from 60 Minutes, it breaks down the Wall Street mistakes.
Bob has been an active REALTOR for 18 years. During this time, he has closed over 500 transactions, and has been the broker of record for 1000's more. Bob can be reached via email (bob@gethomedenver.com) or phone (303.770.1180.)
Facebook Comments