You stated something as fact. I simply corrected you. I'll leave it at that.
Meanwhile you're ok with other sex crimes the ruling class has perpetuated?
Due diligence is part of the loan approval process. Appraisals, PVA reports, etc. Those "defrauded" banks wanted, and got, those loans. That is how the process works.
Again a little loose with the facts...
On the topic of bank fraud this is an interesting article...
Burlington College closed last year, but controversy still swirls over reports of a federal investigation into land deal by a former president, Jane Sanders, wife of Bernie -- an investigation allegedly sparked by a prominent Republican.
www.insidehighered.com