Quote:
Originally Posted by Texas Proud
Just my opinion... but I don't think that there are a lot of banks that are going under if nothing is done... most have a good amount of capital and can absorb the losses...
I do NOT want any of my taxes to bail out anybody...
|
Agree on both counts......
If banks find it in their best interest to modify a lot of loans to reduce the risk of default, fine. That's their business. But it would be a mistake to use any public funding to bail out home owners or banks.
__________________
DW paddling the Kankakee River........
|