I don't doubt that, I just think when throwing around million-sized numbers it is necessary to be aware that these numbers are not describing one case, they describe a lot of different cases. There were a lot of people that were hurt by the subprime fallout (myself included, though I did not lose a home because I could not afford one at the time anyway) and also a lot of people engaging in absolutely reckless speculation (which also was one of the reasons why I was not able to afford a home at the time). There's more than one side to that picture, and some of the people who gut hurt were also the people who made it possible to get that crazy in the first place.