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This is typical of news coverage in the US. Some of the bad stuff comes out long after the perpetrators are gone and their parent companies rescued, made whole, or even enriched by the regulators (even now). Some of it was covered in Bloomberg in 2006 before the financial crisis. On the whole, people who got it were the people who recognized that a bubble was occurring and started to read the news coverage and interpret how it affected the housing market. It is not laid out for you in real-time while the burglars are in the house to apply a metaphor.
And it had nothing to do with Republicans or Democrats. It wasn't Fannie versus the banks.
[I'm] sure your parents never imagine[d] they'd raise a son who [would] destroy the housing market in the richest nation on the planet." "I take exception to the word 'destroy.' I am more comfortable with 'severely damage,'" he replied.
Who is in jail over this?
I don't think they could have destroyed anything if American financial institutions hadn't paved the way.
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