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Old 01-04-2010, 07:21 PM   #973
Redux
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Quote:
Originally Posted by TheMercenary View Post
Allow them to fail completely and start over. Stop throwing money at them, like we are about to do, again.
Many of the most recent failures, since 2008, are the result of external circumstances, ie unemployment.

Throw them out on the streets?

But beyond that, how will starting over, without stronger federal regulations, particularly of non-commerical banks (ie the Countrywide type lenders not subject to strict federal regs), prevent or minimize the same thing happening again?
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