How Wall Street Stoked The Mortgage Meltdown (Part 2)

"The vice president wrote a memo describing First Alliance as a financial 'sweat shop' specializing in 'high pressure sales for people who are in a weak state.' At First Alliance, he said, employees leave their 'ethics at the door.'" ... "Lehman went on to lend the mortgage company roughly $500 million and helped sell more than $700 million in bonds backed by First Alliance customers' loans."