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South of Springfield IL | I thought that all banks had people employed by the fed gov to look at the books of every bank in America. When looking at the books, there would be some ratio's like deposits to money loaned. Why would a bank examiner let a bank make a loan with no money down? Why didn't their own bank auditors question this? To me this looks like greed on the banks part. I would like to say let them fight their own way out of the mess that their in. I'm afraid that would really hurt to many middle class people.
I wish I new cure for this. | |
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Bank Examinations
