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Old 12-01-2007, 01:04 PM   #33
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Join Date: Mar 2005
Posts: 5,317
Quote:
Originally Posted by Texas Proud View Post
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.
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