"JimH" wrote in message
...

"D.Duck" wrote in message
...

"HK" wrote in message
...
http://tinyurl.com/2cqv7t

In my mind a lot of the blame for the home mortgage crisis belongs
squarely on the shoulders of those that received the loans.

In their quest to get into a home they failed to analyze what could/would
happen when the inevitable rate changes came along.

That doesn't excuse the lenders. "There's a sucker born every minute".


At what point of the deal did the lenders put a gun to the buyers head and
force them to sign?

That's my point, the home buyers must share a lot of the blame for their
decisions. The lenders played on the consumers ignorance.