Sure, there was SOME fraud forever, but NEVER enough to put the survival of the country at risk.
I’m sorry you’re unable to understand that some (if not most) people up the corporate ladder got there based on the returns they could bring in to their company. And if making loans MAKES money, and rejecting loans LOSES money, they will tend to go the path of more money - unless they fear someone looking over their shoulder.
You must work for an art studio or something, because the upper level people that I work with look at the bottom-line, and risk is part of that equation, and they take plenty of risk.
You need to be specific, what fraud put the survival of the country at risk?
if making loans MAKES money, and rejecting loans LOSES money, they will tend to go the path of more money
Yeah, I understand that banks like to make loans that make money. They prefer not to make loans that lose money.
upper level people that I work with look at the bottom-line, and risk is part of that equation, and they take plenty of risk.
There are no guarantees, so why do you feel I'm the one who is confused?