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URL:  http://boards.fool.com/heres-what-to-expect-30303991.aspx

Subject:  Here's what to expect... Date:  10/6/2012  11:48 AM
Author:  CCinOC Number:  124343 of 128129

...if you're applying for a loan. From an industry newsletter.

Over the past four years, it seems that everyone has been demanding that something be done to "fix Wall Street," and Dodd-Frank and Occupy Wall Street, it would appear, have not been sufficient. The Justice Department hasn't actually convicted any of the high-profile bankers who played a large part in the financial crisis, and data from the IMF suggests that the capital markets are no less vulnerable to crash and fraud than they were in 2008. Despite aggressive rhetoric from the White House, the Obama Administration has opted to go after institutions rather than individuals. This method has prompted criticism due to the fact that such settlements don't involve any actual admission of wrongdoing and the dollar amounts they cost banks are really not all that significant. Take, for instance the $25 billion foreclosure abuses settlement with Wells, Ally Financial, Citibank, BofA, and Chase. There's also the issue of time, money, and expertise. It's much more expensive and logis