Actually even more horrific - 3rd, 4th, 5th, 6th x1000 and then those who hold package the debt and sell off the debt to insurance and hedge funds wanting to flip bad debt fast- the whole system is a kin to musical chairs (especially VCs and the dream of IPO land)
I am a blue independent but we forget how Clinton really sold us out when they let banks play both sides of the fence.
Reset on its way dig in Warriors