Oh I see, you're of the "blame the borrowers" mentality. All those slick willies/poor bums scamming the naive banks out of money. Not at all the banks packaging bad debt with full knowledge of the bullshit they were participating in, due to perverse personal incentives on their own staff trading off huge institutional risk for guaranteed short term personal gain. Nor them taking side bets on the whole system crashing so seeing a win-win either way (those of the GS variety). Not to mention the banks are supposed to know what they're getting into, they are after all the experts.

Last I checked the ones suffering after the crash are most definitely not the banks, but rather the middle and lower class who have not seen effective wage increases in 30 years and now have even more trouble finding a job. Wow they really pulled a fast one on the banks.