Originally Posted by wig

You have a weird view of how these things work.

There is nothing wrong with mortgage backed securities any more than there is something wrong with mortgages. Not sure if you own a home or not, but most people cannot afford to acquire one without taking on a mortgage.

Issuing stock to the public is one way that companies are able to expand. They are also then subject to public disclosure and more regulation.

What you are doing is using selective reasoning or the enumeration of (un)favorable circumstances while ignoring all the progress made within this system over time.

Setting policy aside, the one common denominator that is relevant to both wall street and main street is that crowd behavior in relation to fear and greed is part of human nature.