Quote:
Originally Posted by turbo6bar
Actually, the blame goes everywhere. There are very few innocent players in this game.
- bankers
- homeowners
- realtors
- appraisers
- investors who failed to analyze securities
- Washington DC bigheads
- ratings agencies
- mom and pop investors looking for riskfree yields far in excess of treasury yields
There was a total breakdown across the board. The "More Bad RE News" thread was proof of the denial, greed, and stupidity.
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You need to revise "homeowners" to "homeowners who were too greedy, stupid, or optimistic to buy the the house they bought."
Then you can follow up with a list of who bails all these "players" out.