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Anyone remember "toxic assets" from 2008 financial crisis?

Banks went to the govt like "We're holding all these sh...
,.,.,.,.,.,.,..,:,,:,,.,:::,.,,.,:.,,.:.,:.,:.::,.
  04/17/25
creative accounting to hide insurmountable losses, peak post...
Brussels Sprout: Brussels,Helsinki,Stockholm,Kyiv
  04/17/25
...
William Badass
  04/17/25
Since the recession was Ruinous anyway they should’ve ...
Oh, You Travel?
  04/17/25
heard from Lehman Bros or Washington Mutual lately?
,.,.,.,.,.,.,..,:,,:,,.,:::,.,,.,:.,,.:.,:.,:.::,.
  04/17/25
No
Oh, You Travel?
  04/17/25
yeah they were people's homes
https://imgur.com/a/o2g8xYK
  04/17/25


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Date: April 17th, 2025 3:51 PM
Author: ,.,.,.,.,.,.,..,:,,:,,.,:::,.,,.,:.,,.:.,:.,:.::,.


Banks went to the govt like "We're holding all these shitty investment products on our balance sheets through no one's fault but our own, so now we need you to pay us 10x market value for them so we can get them off our books."

And the govt was like "Can't we just pay you market value for them?"

And banks were like "No, that would be socialism."

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48857913)



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Date: April 17th, 2025 3:55 PM
Author: Brussels Sprout: Brussels,Helsinki,Stockholm,Kyiv


creative accounting to hide insurmountable losses, peak post capitalism

CDOs anyone?

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48857924)



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Date: April 17th, 2025 3:56 PM
Author: William Badass



(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48857927)



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Date: April 17th, 2025 4:10 PM
Author: Oh, You Travel? ( )

Since the recession was Ruinous anyway they should’ve just at least one “bank” fail imo.

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48857963)



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Date: April 17th, 2025 4:25 PM
Author: ,.,.,.,.,.,.,..,:,,:,,.,:::,.,,.,:.,,.:.,:.,:.::,.


heard from Lehman Bros or Washington Mutual lately?

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48858011)



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Date: April 17th, 2025 10:26 PM
Author: Oh, You Travel? ( )

No

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48859245)



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Date: April 17th, 2025 4:11 PM
Author: https://imgur.com/a/o2g8xYK


yeah they were people's homes

(http://www.autoadmit.com/thread.php?thread_id=5712477&forum_id=2#48857966)