I’m not saying any single individual or one eaily identifiable group is responsible for the current economic difficulties, but I’m wondering if anyone feels like they did anything wrong and contribiuted to the mess - at least more than the average consumer/borrower/lender/financial marketeer.
Do the folks who took out mortgages that they should have known they had little chance of repaying, acknowledge that fact? Or do they feel they were screwed by buig business?
Do execs taking $100 million retirements watching their companies face governmental takeover feel that perhaps they did not deserve every penny of their wealth?
Do the shops that aggressively identified subprime mortgage candidates feel they were doing anything other than pursuing capitalism?
Just wondering. Any thoughts?