2 Comments

  1. September 25, 2008 at 6:20 pm

    Ursula

    Reply

    Exactly! There is a lot of blame to go around. Here’s hoping that lessons will be learnt and we won’t find ourselves in this situation again.

  2. September 21, 2008 at 7:12 pm

    Shaz

    Reply

    I find it beyond irritating when I hear people blaming only the people who bought homes they couldn’t afford for this mess. Yes. I get it. They were stupid for attempting it. However they never, EVER, should have gotten past the underwriter. the bank should have noticed that someone making $30K can’t afford a $300K house. Also, let’s not forget it was the banks themselves and shady brokers encouraging people to reach beyond their means. There is PLENTY of blame to go around here.

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