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TRMS -- Matt Taibbi on the foreclosure scandal

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travelingtypist Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-10 12:37 AM
Original message
TRMS -- Matt Taibbi on the foreclosure scandal
 
Run time: 07:35
https://www.youtube.com/watch?v=Bdq08aZMWOU
 
Posted on YouTube: November 24, 2010
By YouTube Member: StartLoving4
Views on YouTube: 13
 
Posted on DU: November 24, 2010
By DU Member: travelingtypist
Views on DU: 636
 
Chris Hayes guest-hosting.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-24-10 08:19 AM
Response to Original message
1. So are tax payers
going to end up on the hook for these fraudulent mortgages for a second time? Obviously I don't understand. I thought the government essentially bought up these bad mortgages to buoy the failing banks. This doesn't sound at all good to me. It appears that the greatest heist in history has happened with the blessing of the entire oversight machine and tax payers are going to pay for it twice. Damn! Restore Glass Steagal.

http://www.youtube.com/watch?v=veAOoQEy0PI
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