Actually, the banks packed those loans and sold it. They got the money. They got...

iamzozo on Oct 29, 2018 | parent | context | favorite | on: U.S. Secretly Halted JPMorgan’s Growth for Years

Actually, the banks packed those loans and sold it. They got the money. They got the bonuses and money after contracts. More contract, more money. They were no longer interested if the client can pay or not...