Crime and American banks go hand in hand. Banks caused the collapse of the housing market and put millions of people out of work. Taxpayers will pay for the greediness of bankers for years to come. Suit has finally been brought against some of the worst offenders, seeking compensation for government’s Fannie Mae and Freddie Mac who unknowingly bought billions of dollars of worthless mortgage securities from banks during the housing boom. Bankers filled their greedy pockets and left the burden to the taxpayers.
Crime and American banks go hand in hand. Banks caused the collapse of the housing market and put millions of people out of work. Taxpayers will pay for the greediness of bankers for years to come. Suit has finally been brought against some of the worst offenders, seeking compensation for government’s Fannie Mae and Freddie Mac who unknowingly bought billions of dollars of worthless mortgage securities from banks during the housing boom. Bankers filled their greedy pockets and left the burden to the taxpayers.
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