I'm so fed up with this "Predatory Lending" bull crap. Did they grab these people off the street and force them to take a loan they couldn't afford? I would be hard pressed to believe that ANY of these borrowers did not know and understand the details of their mortgage. How about putting some blame on these peoples lack of personal responsibility? How about some responsibilty to the people in power who mandated these lending standards be so lax in order to "fulfill all American's right to home ownership"?
Are there some business leaders that deserve our contempt? Yes. Are they all bad? No.