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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (68925)8/27/2006 6:54:03 PM
From: ridingycurve   of 110194
 
My guess is that they will bark a lot more than they bite. Regulatory agencies don't operate independent of politics. That's how compliance (consumer protection, fair lending) became more important than safety and soundness during a certain president's administration.

Edit: A lot of bad loans were made just to satisfy the fantasies of compliance examiners. They were quick to demand civil money penalties if their inner needs weren't satiated.
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