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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ridingycurve who wrote (71945)10/13/2006 5:02:32 PM
From: UncleBigs  Respond to of 110194
 
The lending guidelines were obviously needed irrespective of the case presented by the PMI companies.

When was the last time anything economic or political was done because it was the right thing to do?

Under the Bush administration, any regulatory action is taken because an influential donor has pushed the right buttons and lined the right pockets.