The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: russwinter who wrote (67944)	8/11/2006 12:22:25 PM
From: John Vosilla	Read Replies (1) of 110194

'Financial institutions can hide this because frankly I don't think bank examiners are very active now. The Bush administration doesn't believe in regulation or enforcement, so wildcat finance is in full bloom' Good points. Everyone seemed to be looking the other way for years. I bet when foreclosures go through the roof in bubble markets and many financial institutions are insolvent it will get their attention. What is happening with the OCC issuing tougher guidelines on toxic loans and lax lending standards. A very slippery slope with no way out. This should have been taken care of by the end of 2004 IMHO. it is too late either way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next