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(5,917 posts)

6. well they didnt care b/c wall street was buying them up so it didnt matter to the bank

Mon Nov 5, 2012, 10:27 AM

Nov 2012

if the loans were viable the banks were just gonna dump them on wall street

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HSBC fears U.S. money laundering fines to top $1.5 billion [View all] dipsydoodle Nov 2012 OP

There are well defined criminal statutes for money laundering banned from Kos Nov 2012 #1

I don't think providing mortgages is a crime. 2pooped2pop Nov 2012 #2

No bank "intended" for their mortgage loans to fail. They lost billions. banned from Kos Nov 2012 #3

they bet on them to lose 2pooped2pop Nov 2012 #5

Then wall street dumped them on investors. amandabeech Nov 2012 #9

What's with the thread hijacking? n/t eggplant Nov 2012 #7

The original headline mentioned criminal charges. dipsydoodle Nov 2012 #8