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URL:  http://boards.fool.com/soooohowd-all-the-sub-prime-mortgage-lending-26871375.aspx

Subject:  Re: Is your 401(k) Inadequate For Retirement Date:  8/3/2008  8:07 PM
Author:  MadCapitalist Number:  13792 of 19414

Soooo...how'd all the sub-prime mortgage lending, re-packaging, re-selling thing work out? After all, it WAS engineered by Wall Street's best and brightest. The mortgage lenders were in on it, the big investment houses were in on it, the hedgies were in on it, the rating companies were in on it, the bond insurance companies were in on it...just about anyone and everyone making millions of dollars per year for their supposed financial acumen were in on it.

Save us the rhetoric. The government made a very *significant* contribution to the problem:

http://boards.fool.com/Message.asp?mid=26855652

http://boards.fool.com/Message.asp?mid=26857192
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