Our banker who handles our business loans told us 3 years ago the sh*t was going to hit the fan re:subprime loans and it was common knowledge amongst the banking community. I have no sympathy for these clowns...
The worst potential aspect is the banking CEOs plotted this entire sub-prime real estate loan problem in order to get filthy rich, which they did, but now the thing is out of control effecting the domestic & global economy, the banker must not be allowed to worm their way out through an expected tax payer bail out, as has already transpired in the UK with Northern Rock.
One good item, at least your own banker actually told you the forecasted truth well in advance.
I wish I had a dollar for every time a FReeper has said they have no sympathy for someone or some group of people.