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“No comparison”

Bailed-out banks spent 32 billion in bonuses in 2008

What was the master plan that was cleaver in sanctioning the mishaps of failing banks? Was it to served incumbents of fraud driven banks with lump sums of large money (taxpayer money). All the Hungry corporate schemers caused this; in all reality, they found ways to attain “easy money”. Threw tools of deception the banks discovered a niche, targeting anxious homebuyers with a itch to own at a affordable rate, hence, Prospective new home owners signed a mortgage entailing a adjustable rate, which both creditors and debtors had some sense of eventual collapse, and also Real Estate brokers played in this conspiracy by promoting such a trap. But isn’t it the fault of knowledgeable financial industrialist or the all so naïve public, which in turn failed to realize the bait.

So the comparisons are clear, not one policy stands as indifferent towards contrasting banks, the assignment is incomplete when speaking of comparison, when relating the banks, which is easy, they have one common goal and that’s to profit by any means. Some smokescreens are mismanagement, but how as being a financially literate institution failed to realize the types of mortgage it was distributing to hard working Americans, intentions were clear. The fraud techniques spread like wild fire from the east coast to the west coast, men of white-collar cloth indulging in integrity shattering behaviors, only to say, “I work hard for my money”. This was the great train robbery, planned and carried out, then the villains resigned walking away smoothly with bonus money they supposedly are owed. Are you serious, you are owed when you drive a company head over heels, you are owed when you cause the greatest downturn of the economy since the great depression, no do not think so, in fact this was by design.

The true motive is obvious the bank executives from Chase and Citibank, just to name a few, were to create a vehicle to coerce money from the middle class people that are productive and loyal. Where was government at when this was taking place, ignoring, just sleeping, or maybe getting in on the action? Destruction of the economy was happening write before are Comma Use (consider revising), this was true vanity. People or should I say framers should be a shame, but who knows, most are susceptible when comes to the almighty dollar. Hear is some good advice, lets learn from this, so further generations won’t experience this tragedy, build your financial defensive strategy.