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This is a question B3ta Villain of the Year 2010

We voted WikiLeaks founder Julian Assange as B3ta's Person of the Year. Who do you have as 2010's scoundrel and why?

(, Thu 23 Dec 2010, 12:34)
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Yeah they are cunts of sorts
But who instructed them to trade like this, yep the likes of Sir Fred Goodwin, even against better judgement from internal skilled economists, i'm glad he got his windows smashed in. Also yeah we can share some of the blame and yes this is a fashionable view, however most people are stupid and if they are told they can borrow something, they believe in their heads that they can afford it, less not forget a lot of these problems came from the American market, trailer trash to house dweller in 5 minutes on a 110% mortgage :O. 80% of blame for the financial sector and 20% on us seems fair.
(, Thu 23 Dec 2010, 16:27, 1 reply)
Agreed.
I have a few points to make about "stupid" poor people taking out loans they couldn't afford:
1 When they defaulted they would have no way to pay it back so the money not paid back to the banker is lost.
2 The bankers should have known the above and taken it into account -- this is their fucking job.
3 "Financial Advisors" were selling mortgages based on what was known to be toxic debt over ten years ago -- I know because I was paid off on condition I didn't go public, and I know a lot more people were too.
4 This hasn't hurt the people in the US with NINJa loans -- it hurt everyone else.
So, yes, the overpaid tossbags that we call bankers fucked up royally and it seems their whole system was set up so they take no blame.
(, Thu 23 Dec 2010, 16:47, closed)
^agreed^

(, Thu 23 Dec 2010, 16:55, closed)

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