Saturday, October 29, 2011

How the Sub Prime Mortgage Crisis Really Happened

This 30 second commercial from Raiffeisen Bank in Hungary that came out in 2007 is a perfect example of how banks around the world gave out loans like Halloween candy. The banks in the United States weren't this blatant with their ads, but maybe the Hungarians were more honest about the fact that banks couldn't care less about whether people could pay their mortgages.

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