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Old 01-04-2009, 02:38 PM
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Default Hobby Panic in 2009

Posted By: David Atkatz

Yes, Joe. I do teach accountability. And, as I said, I hold accountable the bankers who used extremely poor judgment(and/or extreme greed)in making those "toxic" loans. If a ten-year old walks into a bank and asks for a loan, no big deal. But if that bank actually gives him the loan, who would you "hold accountable"? The child?

A loan officer is a professional, supposedly trained to spot poor credit risks, and not loan money to them, no matter how nicely they ask.

And, BTW, if you don't want me to treat you like a two-year old, then don't presume to have knowledge of things about which you are completely ignorant, such as what I teach my children or my students.

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