09-16-2008, 04:24 PM
[quote Jimmypoo]
I'd like to know which specific set of laws and regulations (deregulations?) put so many of
these banks at risk by permitting them to offer funds to less than credit worthy applicants,
and ultimately, who is responsible for doing so.
This guy has been criticizing "current" policy a little too much. It was July 2005 when I first noticed the chicken littles crowing about the housing bubble.
I'd like to know which specific set of laws and regulations (deregulations?) put so many of
these banks at risk by permitting them to offer funds to less than credit worthy applicants,
and ultimately, who is responsible for doing so.
This guy has been criticizing "current" policy a little too much. It was July 2005 when I first noticed the chicken littles crowing about the housing bubble.