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Originally Posted by dalakhani
Do you realize that there are plenty of GOOD loans that are stopping up the system right now?
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I'm so tired of this bulls-h-i-t . Fact=somebody made a loan that somebody quit on. Sell whatever asset they over-valued, and stop begging others to buy the loan on this asset(that you say may eventually go up to the value the loan was made for.) You say we don't understand. I understand your industry was greedy, and deserved to get their butt kicked, and now they want to gather up their riches, and run off (if only the Gov't will help them get rid of the mistakes they made.) I don't want to do that. FCK Wallstreet. We need money injected for well made loans etc.? Fine, but don't have the same crooks give out the loans. That is stupid. People want loans with taxpayer money? Have the Government make loans to citizens, and companies, but people in your industry have gotten away with this crap too long to just keep using them to give the money out that way. They want Government money? Watch every fkn penny of it. Every penny should be regulated, and the loans given won't be to make interest. They will be made to "free up the credit supply." We have a credit crisis? Fine give out loans, but don't have the same people involved. Banish them from being involved with distributing this money.