Can the Banking System Handle Huge New Write-Downs? [View article]
The exact same problem with treating everyone "fairly" was what caused the bubble on the way up. Giving everyone the same deal of renegotiating a lower loan amt and rate will kill the lenders on the way down.
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The exact same problem with treating everyone "fairly" was what caused the bubble on the way up. Giving everyone the same deal of renegotiating a lower loan amt and rate will kill the lenders on the way down.
Oct 13 09:51 am
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All Comments by Augustus »Can the Banking System Handle Huge New Write-Downs? [View article]