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To: FromLori

Nobody held the banks at gunpoint to make subprime loans.

If they don’t like it that foreclosures are difficult, then they should have more stringent lending standards.

The banks made a bad business decision to invest in these people. Hence, they pay the consequences.

Cutting corners by committing fraud? Bad decision.


11 posted on 02/06/2011 9:14:41 PM PST by BenKenobi (one of the worst mistakes anybody can make is to bet against Americans.")
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To: BenKenobi

I agree if they didn’t create these toxic loans in the first place we would all be better off.


12 posted on 02/06/2011 9:22:42 PM PST by FromLori (FromLori">)
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