The Cellar  

Go Back   The Cellar > Main > Current Events

Current Events Help understand the world by talking about things happening in it

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 01-04-2010, 07:07 PM   #11
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by Redux View Post
The failures were primarily a result of the overwhelming majority of those loans not being subject to federal regulation.

The issue again is how do you prevent it from reoccurring without such federal regulation...on both the lending institutions and the borrowers?
Allow them to fail completely and start over. Stop throwing money at them, like we are about to do, again.
__________________
Anyone but the this most fuked up President in History in 2012!
TheMercenary is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 07:58 PM.


Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.