"The banks not only wanted to give out these loans, they wanted to give them 
out at the speed of light. They wanted to crank them out so fast that their own 
auditors literally couldn't read the writing on the loan applications. This was 
greed, not policy. Anybody who says anything else is high on something."

Read more: 
http://www.rollingstone.com/politics/blogs/taibblog/everything-you-need-to-know-about-wall-street-in-one-brief-tale-20120113

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