abetterplace

Stress Tests Were Never a Serious Exercise

How does all this government conspiracy play into the fact that the banks got themselves into this mess all by themselves.
Greedy CEO's taking on way too many subprimes and other high risk loans, pumping themselves up for the big kill. Now we have much of the greed on the reverse side. Shorters hoping to line themselves up for the big kill on the down, spreading any kind of bad news gossip that can be gathered up and published.