High Risk Individual Loan Banks
Then who is regulating the government and THEIR risky loan practices? And THEIR personal economic incentives (campaign money)?
“The economic crisis turned up numerous examples of how pay can give workers incentives to take risks. 1 example: loan officers who churned out thousands of low-quality loans in order to claim annual bonuses for themselves.”
Does any individual else find it ironic that the US government is up to it is ears in debt and faulty assets and sees fit to regulate yet another private entity for that really very same cause?
Answer by Ben
The only reason government is attempting to take more than banking is to expand its socialist agenda, and we as lemmings just sit around waiting for it to occur !
Answer by Train of Consequences (matthew)
It should be us regulating our risky behavior. Regrettably not enough of our fellow citizens are prepared to begin thinking sanely and vote all these crazy folks out of workplace. Not enough people are protesting and writing their representatives.
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What they are doing is setting AMERICA up, this STUPID RAG HEAD
is going to destroy our country and try to take all of OUR RIGHTS.