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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (447609)1/14/2009 7:22:48 PM
From: Road Walker  Respond to of 1575725
 
Banks are not stupid.

I have to respectfully disagree


OK, Banks are into self-preservation. Regardless they are not going to accept declining assets as collateral for real cash.



To: tejek who wrote (447609)1/16/2009 1:45:51 AM
From: SilentZ  Read Replies (2) | Respond to of 1575725
 
>Sorry but I don't find banks to be on the smart or even on the cutting edge.

And, in theory, they're not supposed to be! At least to be good protectors of people's wealth and engines of a productive economy.

-Z