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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

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To: Return to Sender who wrote (53844)	9/22/2011 10:51:18 PM
From: The Ox	1 Recommendation Read Replies (1) of 95526

The banking system has been turned upside down. I know of at least 2 businesses that never missed a payment on their loans for over 20 years. This year, they were both told by their bankers that they were now too risky to their renew loans. Similarly, people who need to refi and could under "normal" circumstances, are now being told they don't qualify. Likewise, these people have never missed a payment yet the bank now considers them a risk. Banking regulators have lost their way and have created a surreal environment, imo. I suppose when you can get a loan from the Fed at 0% or 0.25% and invest in treasuries and get 1.7% from a 10 year bond - with basically no risk, why loan out money at all? ....please don't answer that!! LOL

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