It is the banks\' fault.

Now the banks have to take cut, they deserve it.

It is Fredie and Fannie's fault. If they did not buy these subprimes, the banks would not issue them.

It is Moody's fault. If it did not rate them AAA rating, it would not sell at Wall Street.

It is Wall Street's fault. If they did not sell them, nobody would buy them.

It is YOUR fault. If you did not buy them, the Wall Street would not be able to sell them, Moody's would change their rating, Freddie and Fannie would not buy them from the banks, and the banks would not issue them.

Isn't funny? If you buy stuff from Wall Street, mostly probably you are holding your own mortgage!