Posts Tagged ‘wall street’

10th October
2008
written by Bob Schenkenberger

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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.