wow! I wish I COULD SUE every time I gambled on something and it didn’t work out.
That’s what the State of Virginia is doing. Seems they bought securities backed by housing mortgages…and we all know how that worked out.
I don’t know about you, but the h0using bubble collapse beat me up pretty good too. WHERE’S MY SHARE?
CARRY the blame back to the start, it falls on Clinton’s watch, for messing with the lending rules to start with. Bush regulators pointed the problem out to the banking committee, who basically said dontworryboutit. Good old Barney Frank.
Anyway, kinda ironic Clinton’s bud, Carpetbagger Terry is at the helm for this lawsuit, heh?