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re: So, maybe we should force people to pay for stuff...
Posted on 9/30/08 at 1:48 pm to igoringa
Posted on 9/30/08 at 1:48 pm to igoringa
quote:You know that is a distortion of "professional". You ARE a professional, so get real. I'm not saying that there weren't stupid people who bought for a whole range of reasons. I am saying that the prime responsibility for making the loan was with the bank. They made the loans, bundled them and sold them, so, when they went sour, and they KNEW they would go sour, they were no where near, and had no recourse.
I am the professional of my money; you are the professional of yours. If I enter a bad debt agreement then it is as much my fault as anyone elses. Period.
This post was edited on 9/30/08 at 1:49 pm
Posted on 9/30/08 at 2:02 pm to Herb
quote:
I am saying that the prime responsibility for making the loan was with the bank.
Two sides to every agreement... both sides agree to a deal and are equally culpable... enough of the personal responsibility skirting.
Posted on 9/30/08 at 2:12 pm to Rollie Fingers
quote:
It was all profit because if they got paid, they were killing the people on rates and if they didn't they did not feel the loss.
Yeah I agree... never did not agree on that aspect
Posted on 9/30/08 at 2:15 pm to Rollie Fingers
If they cant pay the original note, how the hell can they pay the penalties
Posted on 9/30/08 at 2:17 pm to Checkmateking2
somebody down the line is paying it is the point.
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