In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.
![In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.](http://cdn.myquotes.org/images/thomas-frank/in-the-subprime-mortgage-industry-bankers-handed-out-iffy-loans-like-candy-at-a-parade-because-such-loans-meant-revenue.jpg)
In the subprime mortgage industry, bankers handed out iffy loans like candy at a parade because such loans meant revenue and, hence, bonuses for executives in the here-and-now.