SI
SI
discoversearch

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 Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (192239)3/20/2009 6:18:52 PM
From: geode00Read Replies (1) of 306849
 
IMO you don't need really smart people at insurance companies and banks, you need smart people (there are lots of them) who are HONEST and UPSTANDING and can do a good day's work without gambling with OPMs.

If people are so smart, why are we bailing them out?

If people are so smart, why didn't their models pinpoint their risky behavior and adjust it accordingly?

It isn't rocket science, it's banking. Take money in, loan money out and make a little bit for your troubles. How hard is that?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext