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![Finance_Nerd_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1489614788363956227.png) Finance Nerd [@Finance_Nerd_](/creator/twitter/Finance_Nerd_) on x 191K followers
Created: 2025-07-24 16:06:14 UTC

Money was pouring in, and regulators were asleep at the wheel.

Wall Street banks preyed on Americans with no income, no job, and no assets, appropriately called "NINJA loans."

These loans were issued without verifying whether borrowers could repay them.

![](https://pbs.twimg.com/amplify_video_thumb/1948413439614857216/img/hSMTLQBExX3RZghs.jpg)

XXXXX engagements

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**Related Topics**
[wall street](/topic/wall-street)
[money](/topic/money)
[finance](/topic/finance)

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