"Sure there were a number of people duped by mortgage brokers in the sub-prime debacle but lets not go overboard and compare the actions of those mortgage brokers with a government trying to assist families achieve the Australian dream."
Yes, there were a number of people...thousands, and we know what followed. Many financiers took advantage of the ignorance and naievity of ordinary people.
I have no problem with the Goverment helping those in need. But can you tell me how enticing someone in to a situation which may well condemn them to poverty for years is good for them or anyone?
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yet another "unforeseen consequence", page-20
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Iggy Tan, Executive Chairman
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