Little people paying for bigwigs’ greed
Published 24/06/2013 | 05:00
* In America, a small shoal of crafty, pinstriped financial piranhas deliberately and knowingly decided to throw all the rules governing sensible financial lending overboard.
Their intention was to become obscenely rich, regardless of the damage and hardship they would inevitably cause.
The feeding frenzy soon attracted other, equally-ravenous predators whose unwitting prey included countless hard-working but financially unsophisticated young couples.