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  • What Are Banks Supposed to Do? A Little Clarity Could Go a Long Way [View article]
    I agree with most of the article. Would offer a suggestion that banks offer home refinancing opportunities to prime (A list) borrowers to get some new accounts on their books that have excellent chances of being consistently paid on time. Start with 4 1/2 % or 4 3/4 % loans to see WHO is out there.
    As the author says, unintended consequences can sometimes provide guidance on the question of what to do now. Well, try my suggestion!
    Dec 16 07:11 am |Rating: 0 0 |Link to Comment
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