Part of the solution to sub-prime fiasco is tightening of loans(increase in requirements for loan),so…?

One Response to “Part of the solution to sub-prime fiasco is tightening of loans(increase in requirements for loan),so…?”

1. Ann Coulter's Nemesis says:

   November 20, 2010 at 8:43 am

   I’m saving. That seemed to work in the past.
   Perhaps the mortgage industry should have stuck to that policy before ripping off the public with the bogus loans they were offering. They should have never gotten a government bail out either. If you’re going to apply the free market system to the people, then you better damn well apply the same free market system to the sinking corporate ship too without the offering of government bailouts. That industry needs more regulation to prevent the fiasco in the first place.

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