21 of the 25 Largest Subprime Issuers Leading Up to the Crisis Were Financed by Large Banks *LINK*

Subject: 
21 of the 25 Largest Subprime Issuers Leading Up to the Crisis Were Financed by Large Banks *LINK*
Posted By: 
TimELord
Date: 
Sunday, September 06, 2009 11:12 am

Saturday, September 5, 2009
\"21 of the 25 Largest Subprime Issuers Leading Up to the Crisis Were Financed by Large Banks\"

Elizabeth Warren - the chair of the congressional oversight committee of the bailouts - points out:

21 of the 25 largest subprime issuers leading up to the crisis were financed by large banks. (Remember this the next time you hear a lobbyist blaming the crisis on non-banks and denying the role of the bank holding companies.)

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