Tag: strategic default

San Diego Housing Market: Strategic Default, Foreclosures, and Ethics

San Diego Housing Market: Strategic Default, Foreclosures, and Ethics

| March 28, 2010 | Reply

“What I do find troubling, however, is that most banks took billions of dollars from the taxpayers to shore up their own balance sheet, while now trying to emotionally beat up the taxpayers who, in effect, bailed them out to begin with. ”

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