Quote:
Originally Posted by Particle Man
And why, pray tell, are so many banks so susceptible to IR's and ARM's and stuff? Why so many foreclosures? Oh yes: they gave away mortgages like candy.
Sorry but they have a fairly significant portion of the blame for being so fragile.
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The government can take some blame there by reguating the banks to the moon if they didn't give out loans like candy.
As for BofA stopping the debit charges.
Yay, capitalism. (picture Austin Powers saying it)