Silicon Investor (SI) -- The First Internet Community

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (66264)	8/16/1999 1:34:00 PM
From: PaperChase	Read Replies (1) \| Respond to of 132070

<For example a pull back in lending due to companies reduction in investment [credit demand] creating a SOFTER job market in the mid-upper range.> Almost always bank lending must be controlled by bank regulation. Banks are incompetent and greedy with crooked accounting, and they are incapable of self regulation. <no G> So there needs to be a huge debacle uncovered--and here's the catch---the debacle has to run thru lots of banks and not just a couple. The debacle must also be serious enough to trigger tighter regulation of their lending. Usually the debacle is crazy real estate and consumer lending but I am not sure yet as there are no clear signs.