The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/warrl-wrote-and-we-cannot-afford-more-insane-30304194.aspx

Subject:  Re: Creating Jobs?? Date:  10/6/2012  1:54 PM
Author:  CCinOC Number:  647395 of 748853

warrl wrote: And we cannot afford more insane lending. We should be thanking lenders for not loaning money to bad credit risks - not criticizing or prosecuting them.

The article isn't blaming bankers. It's explaining how difficult lending is these days, how that difficulty is suppressing the housing market, and why lenders are loathe to relax underwriting standards even a little bit.

Also, the article isn't talking about prosecuting CURRENT bank executives, but about prior bank executives have ESCAPED prosecution.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us