Mostly clear
59.9 ° F
Full Weather
Sponsored By:
Daily Archives

01/27/2016

Something To Think About – 1/27/2016

The recent movie “The Big Short” gave a pretty good overview of the mortgage and banking crisis of 2008. However, it failed to identify one big cause: the US Government, specifically Fannie and Freddie’s appetite for sub-prime loans encouraged by a Democratic Congress. And now they’re at it again by selling something called synthetic CDOs as a way of offloading risky loans to private investors, just like those evil Wall Street Banks vilified in the movie.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • Fire Info
  • Weather
  • Dining Guide
  • Classifieds
  • Events
  • Movies
  • Tourism
  • Polls
  • Traffic
  • Media
  • Real Estate
Feedback