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Its not the fault of anyone at the bank for doing there job and making sure they would be able to pay it back before making the loans?hell if this is the way banking works I am in., I give people money they pay it back with interest...if they dont I tell the Feds to pay me for or it becuse I was dumb and loaned a man who made 30,000 a year, who had 100,000 in debt, a lone for 250,000 and it was not repayed....I will of course keep all the money made from loans that are good, but bad loans should be paid by the taxpayers.
Its not the fault of anyone at the bank for doing there job and making sure they would be able to pay it back before making the loans?
hell if this is the way banking works I am in., I give people money they pay it back with interest...if they dont I tell the Feds to pay me for or it becuse I was dumb and loaned a man who made 30,000 a year, who had 100,000 in debt, a lone for 250,000 and it was not repayed....I will of course keep all the money made from loans that are good, but bad loans should be paid by the taxpayers.
