Tuesday, July 3, 2012

Lending Nightmare | News and Personal Stories about Crooked Bank Practices

Lending Nightmare | News and Personal Stories about Crooked Bank Practices:

'via Blog this'
Great primer video on de-regulation in  the context of market crashes. While it is obviously trying to make a make a correlation with occupy wall street, the video can rest alone on the soundbites by Elizabeth Warren, who was preaching to bankers, prior to the crash; they knowingly ignored her because they understood that her recommendations would impugn on the bankers ability to screw over its poorer customers, whom the bankers made the most fees from.  Her point about paying it forward is also completely valid.

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