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Wednesday, November 26, 2008

As mortgages went bad, executives cashed out

By William Heisel
November 26, 2008
The subprime lending industry was starting to buckle under the weight of bad loans in November 2006...




Uh yuh, looks like we're gonna need another bailout.

"Sir, yes sir."



Whatever. I knew these assholes were assholes after 4 days at JP Morgan's hnnaaappy McMortgage factory in Rancho Bernardo in May of 06. Hamsters only need apply.

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