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Originally Posted by stocktrader23
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I guess this is not a fair conversation. I work with banks and banking everyday and I actually understand how the normal free market risk management model will naturally keep risk adverse banks from taking on too much high risk investment. When the Feds started taking away that risk, they removed those natural restrictions on thebanks and the result was inevitable. Left to their own devices, banks would never jhave continued making high risk loans with no place to put the bad paper and no chance of a bail out.
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