On 1/4/2014 9:24 PM, Sancho Panza wrote:
On 1/3/2014 8:19 PM, jim wrote:

There was one reason that lenders lowered lending standards
and that was the private sector quest for profits.

Flaunting abject ignorance about basic economics and markets. As if
businesses wanted to make loans that fail.

The hell with snicker. Facepalm.



IIRC, weren't they FORCED to make the loans by the government?

Steve