Comments on: Financial Markets in Trouble – Who’s to Blame? http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/ Money Tips for a Better Life Thu, 17 May 2012 16:08:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Very secret http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/comment-page-1/#comment-115846 Very secret Sun, 26 Oct 2008 05:01:34 +0000 http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/#comment-115846 Just to fill you in on the collapse and what caused it It is this simple.....Realtors, teamed up with broker/lenders who team up with wallstreet to all make a happy big commission. These people should be put in jail as eventually had to know what would happen... Solution to the problem (Make realtors and brokers pay back commissions recieved) (Oh and wallstreet.) on Any house that foreclosed because of fraudulent acts such as trying to get a loan to go thru for a commission when there was an inability to afford the loan and the broker knew, the lenders knew, and the realtors knew the loans would fail. These parasites caused our country to nearly collapse and while hard working real people starve and lose their homes while the big shots pad thier pockets with dishonest money...If I steal hundreds of thousands of dollars I go to jail therefore take the 780 billion and build jails for the crooks do away with realtors, brokers, and wall street. and give the retirement accounts back to those whom lost money. I will say I worked in a brokers office and I know what caused this, however, knowing of all the wrong doings after three months I removed myself from the position. I am thankful I got out as I would not want to be responsible for the things that have been done wrong.....(phony W2s) Phony jobs and anything to make the loan go through....So while we've all sat back and lost our 401Ks the rich keep getting richer stealing from the poor.....Hope you can see the truth too. It is not one banks fault or one person it is millions of them. When people learn to listen to honest poor people they will learn the truth, and have a solution Just to fill you in on the collapse and what caused it It is this simple…..Realtors,
teamed up with broker/lenders who team up with wallstreet to all make a happy big commission. These people should be put in jail as eventually had to know
what would happen… Solution to the problem (Make realtors and brokers pay back commissions recieved) (Oh and wallstreet.) on Any house that foreclosed because of fraudulent acts such as trying to get a loan to go thru for a commission
when there was an inability to afford the loan and the broker knew, the lenders knew, and the realtors knew the loans would fail. These parasites caused our
country to nearly collapse and while hard working real people starve and lose their homes while the big shots pad thier pockets with dishonest money…If I steal hundreds of thousands of dollars I go to jail therefore take the 780 billion
and build jails for the crooks do away with realtors, brokers, and wall street. and give the retirement accounts back to those whom lost money. I
will say I worked in a brokers office and I know what caused this, however, knowing of all the wrong doings after three months I removed myself from the position. I am thankful I got out as I would not want to be responsible for the
things that have been done wrong…..(phony W2s) Phony jobs and anything to
make the loan go through….So while we’ve all sat back and lost our 401Ks the
rich keep getting richer stealing from the poor…..Hope you can see the truth too.
It is not one banks fault or one person it is millions of them. When people learn to listen to honest poor people they will learn the truth, and have a solution

]]> By: Link Roundup: Taxes ALMOST done edition | Mighty Bargain Hunter http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/comment-page-1/#comment-78565 Link Roundup: Taxes ALMOST done edition | Mighty Bargain Hunter Tue, 08 Apr 2008 05:04:08 +0000 http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/#comment-78565 [...] Money Smart Life wonders who’s to blame for the troubled financial markets. [...] [...] Money Smart Life wonders who’s to blame for the troubled financial markets. [...]

]]> By: Ben http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/comment-page-1/#comment-76015 Ben Wed, 02 Apr 2008 02:08:39 +0000 http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/#comment-76015 Lily, good point, every industry has it's chiefs who make most of the money and the grunts who do most of the work. I don't wish losing a job on anyone, and you're right, many people's jobs are getting caught up in the mess that's been created. I agree, there's quite a difference between being irresponsible and evil, that's why I never used the E word or any other derogatory adjective. Of course, for those making the decisions, I think irresponsible is definitely an appropriate description of their actions and I definitely don't like the thought of my hard earned tax money being used to prop up publicly traded corporations that took ill-advised risks and lost big time. Lily, good point, every industry has it’s chiefs who make most of the money and the grunts who do most of the work.

I don’t wish losing a job on anyone, and you’re right, many people’s jobs are getting caught up in the mess that’s been created.

I agree, there’s quite a difference between being irresponsible and evil, that’s why I never used the E word or any other derogatory adjective.

Of course, for those making the decisions, I think irresponsible is definitely an appropriate description of their actions and I definitely don’t like the thought of my hard earned tax money being used to prop up publicly traded corporations that took ill-advised risks and lost big time.

]]> By: Lily http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/comment-page-1/#comment-75866 Lily Tue, 01 Apr 2008 12:16:49 +0000 http://moneysmartlife.com/financial-markets-in-trouble-whos-to-blame/#comment-75866 I work with some of these "rich, irresponsible bankers." They're <i>people</i>. Like other, non-banking people, there are some nice bankers, some smart bankers, some arrogant bankers, some stupid bankers. Many bankers who weren't at all involved in the mortgage mess have lost their jobs, and with the tight job market they can't find new ones. I know, I know ... boohoo, aren't they all rich? No - only the people at the top are extremely rich. Everyone else ... they're mostly well off, but they're not at the point where a job loss is meaningless. So let's not make them out to be evil. A lot of them are just <i>people</i>. I work with some of these “rich, irresponsible bankers.” They’re people. Like other, non-banking people, there are some nice bankers, some smart bankers, some arrogant bankers, some stupid bankers. Many bankers who weren’t at all involved in the mortgage mess have lost their jobs, and with the tight job market they can’t find new ones. I know, I know … boohoo, aren’t they all rich? No – only the people at the top are extremely rich. Everyone else … they’re mostly well off, but they’re not at the point where a job loss is meaningless. So let’s not make them out to be evil. A lot of them are just people.

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