User 305589

Credit Suisse Deemed 'Predatory' Lender: This Won't Help Recovery

great find and very telling article. it's exactly what you have to expect when you basically shield the big banks from bankruptcy with tons of taxpayer money. There has been no accountability and there will be no accountability as long as the bankers own money isn't at stake. and no, i am not taking about bonus cuts. i am talking about having their own monies invested in their bank and fully exposed to the consequences of bad lending decisions. but with tarp and fdic insured deposits and with no legal consequences to fear, bankers will continue to gamble with other people's money. heads we win big, tails the others lose big.