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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (562246)4/22/2010 12:10:51 AM
From: i-node  Read Replies (3) of 1575426
 
>> Grassley Bucks GOP, Backs Derivatives Curbs

Some reforms seem reasonable -- but you can reform it all you want and if you don't solve the basic problem -- that lenders are FORCED to make loans to people who aren't qualified to receive them, then you aren't going to help matters.

The problem was never the derivatives. It was the lousy underlying paper.
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