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Should we hold the low-income households who took out mortgages, they could not afford responsible for...

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Finance

Should we hold the low-income households who took out mortgages,they could not afford responsible for the financial crisis thatensued?

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The financial crisis that busted out in the year 2008 occured primarily due to the excess and unverified lending of commercial banks with an aim to make more and more profits with excessive    See Answer
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Should we hold the low-income households who took out mortgages,they could not afford responsible for the financial crisis thatensued?

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"Stockholders' Equity" section of balance sheet \table[[Common Stock, $10 par,$360,000