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Reply #6: Banks should not be making risky loans and we need strong regulations back in [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-01-10 04:52 PM
Response to Original message
6. Banks should not be making risky loans and we need strong regulations back in
place. And I'm tired of bailing these guys out.
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  -Self Delete Mike 03  Mar-01-10 04:46 PM   #0 
  - Turn it around: Why should the taxpayers bail out the institutions that caused a collapse?  Romulox   Mar-01-10 04:48 PM   #1 
  - But we do need new regulations, I totally agree.  Mike 03   Mar-01-10 04:49 PM   #2 
     - We already gave out the TRILLIONS. There are no new regulations. We've been had. nt  Romulox   Mar-01-10 04:50 PM   #3 
  - If bankers are so smart, then why did they give money to people who can't pay it back?  devilgrrl   Mar-01-10 04:51 PM   #4 
  - It wasn't risky loans, it was derivatives trading and credit default swaps. nt  Electric Monk   Mar-01-10 04:51 PM   #5 
  - Which they still fail to understand.  aquart   Mar-01-10 04:54 PM   #9 
  - Banks should not be making risky loans and we need strong regulations back in  RKP5637   Mar-01-10 04:52 PM   #6 
  - The U.S. economy is in a death spiral.  Mike 03   Mar-01-10 04:52 PM   #7 
  - So they can bet against them and cash in when they fail  notadmblnd   Mar-01-10 04:53 PM   #8 
  - Congress removing Glass-Steagall is what got us into trouble.  valerief   Mar-01-10 04:55 PM   #10 
  - I agree with you.  southernyankeebelle   Mar-01-10 04:56 PM   #11 
  - Come on Mike  kctim   Mar-01-10 04:56 PM   #12 
  - WAMU would not hire anyone unwilling to proffer risky loans.  aquart   Mar-01-10 05:01 PM   #13 
  - The problem is not "risky loans"  Taitertots   Mar-01-10 05:02 PM   #14 
  - The criteria for making loans need to be changed entirely.  mwooldri   Mar-01-10 05:54 PM   #15 
  - deleted by self  upi402   Mar-01-10 05:55 PM   #16 
 

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