Could Rosenzweig be characterized as a scoundrel? If so, should this influence the decision in this case? Discuss

For some students at postsecondary institutions in the early 2000s, tuition rose at an unprecedented rate. At the same time, the prices of homes began to rise. Lenders to these markets sometimes bundled and sold the loans—and their risk—to third party investors, making more capital available for the extension of still more credit. Unscrupulous persons took advantage of gullible parties on all sides of these transactions. When the bubble burst toward the end of the first decade of the 2000s, it affected many participants in different ways.