ironman on 18 April 2009
Yes the banks must meet a certain criteria of sub prime loans set by the government. I know for a fact that there was unscrupulous dealings, but that will happen in any industry, the people making bad loans should be fired no doubt, but that is up to the company, you see, a banker is like a life insurance agent, they are not held accountable, the corporation they work for is. So it is in the best interest of the corporation to get rid of sleezy characters.
