Sweet Willy
Rookie
- May 20, 2009
- 2,637
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- Banned
- #61
Wells Fargo and USBancorp didn't lower their standards and consequently are not having solvency problems.Can anyone provide us with a cite for a single bank that made the choice NOT to follow these regulations? Is there one bank out there that weighed this out and said "too risky, we just can't do it" and closed the doors, safely returned their investors money?
That's two.
So then, you mean that no one forced these two to make risky loans? How can that be? And they managed to stay in business?
Amazing.