I'm going to attempt to address some things that's been in the back of my head.
If creditors and the housing industry saw this housing bubble from a business perspective, there would be nothing wrong with taking advantage of people. People in this case happened to be mainly the lower class, but they don't care who their customers are as long as there are plenty of them. Throughout my business classes, I've never learned to consider the people who are losing money due to your success. Yes, there were fraud but is it that unbelievable? We talk about them as if they are the most corrupt manures in the face of the country but is that so? Students who cheats on their hw/ quizzes/ exams CAN NOT criticize them. That's just one practical example. As funny as it sounds, if you don't have enough moral to follow the rule and are willing to favor your own results over the fairness and ethics, your mind functions in a similar behavior and have the same logistics. If you are a good business man, a man who actively anticipates means to multiply his profit, who is not necessarily a moralizer, then it would have been difficult to say "NO WE CAN'T FALSELY LEAD OUR CUSTOMERS!!" while all your coworkers, boss, and your competitors are not wasting time to get that extra cash.
I'm not saying what they did was right, but it is not completely right for us to be wholly judgmental toward these workers. (And you can't just say the people who lost their houses were simply stupid. I leave this topic for another occasion.)
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