Quote:
Originally Posted by klinton
I understand. credits were just given to the bums who have no means to pay them.
because "reliable" agencies (smaller than Moody though) seen nothing wrong with lending money to the bums ;-)
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They were given loans based of their current disposable income situation. Some were given by sub-prime loan institutions specializing at taking higher risk but taking higher returns. Risk and returns. Don't they teach you anything at Moscow State Institutes of Wall Rugs? I thought that free education was so damn good.