The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
7/1: Members: Log In to See Fewer Ads! |
5/28: SAAB Evolutions/TSN T-Shirts $14
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Banks not government
Posted by Bruce (more from Bruce) on Thu, 21 Jul 2011 12:59:37
In Reply to: Re: Afordable housing, BobS, Thu, 21 Jul 2011 12:26:15
Members do not see ads below this line. - Help Keep This Site Online - Signup
Don't blame the government for all the subprime loans. The banks have a big part of the blame, especially the I-banks, who packaged up the loans & sold them off were the ones driving the "eligibility" rules... do you think any commercial bank or mortage co. would sell a "no income, no asset verified" loan if there was no one to underwrite it or buy it on the secondary market, (what did they care, they got their commission & moved on)? Don't get me started on the rating agencies who gave derivatives backed by sub-prime loans great ratings or those who bought such derivatives based on the ratings.
This is a classic case where some actually enforced regulation would have helped.
posted by 198.179.14...
Posts in this Thread:
- Look at the third picture of the house I just gave up., John Myers, Wed, 20 Jul 2011 21:09:37
- Saab Certified, nice!, Boston Baab, Thu, 21 Jul 2011 05:39:35
- Trying again, John Myers, Wed, 20 Jul 2011 21:11:00
- Re: Trying again, TML
, Thu, 21 Jul 2011 01:04:47- Pity the rest of the world, Reality, Thu, 21 Jul 2011 08:45:41
- Re: Trying again, John Myers, Thu, 21 Jul 2011 07:57:41
- house prices in US are so cheap!, sab, Thu, 21 Jul 2011 03:29:39
- Not in San Diego, Mike Lynch
, Thu, 21 Jul 2011 11:24:45 - Re: house prices in US are so cheap!, Les_H, Thu, 21 Jul 2011 06:57:42
- Depends on location, Noel, Thu, 21 Jul 2011 06:11:58
- Re: house prices in US are so cheap!, EGD
, Thu, 21 Jul 2011 05:36:17
- Re: Trying again, Justin VanAbrahams
, Wed, 20 Jul 2011 21:34:03
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
![](/tsn/xyz/stateofninebutton.gif) |
SaabClub.com
![](/tsn/xyz/scnabutton.gif) |
Jak Stoll Performance
![](/tsn/xyz/jakstollbutton.gif) |
M Car Covers
![](/tsn/xyz/mcarcoversbutton.gif) |
Ad Available
![](/tsn/xyz/buttonavailable.gif) |
![](/tsn/images/tsnmap.gif)
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!