Subprime/Credit party starting again

Discussion in 'Wall St. News' started by pupu, Jul 18, 2010.

  1. pupu

    pupu

    Guess the same people are still in charge and bonuses needs to be made.
    Thank you US government and American taxpayers.
    Bailouts for everyone!

    http://finance.yahoo.com/loans/article/110092/signs-of-risky-lending-emerge?mod=loans-home



    Even as lenders struggle to pull themselves out of the credit crisis, signs of a new and potentially dangerous infatuation with risky borrowers are emerging. From credit cards to auto loans to mortgages, the hunger for new business as the crisis ebbs is causing some financial institutions to weaken lending standards and woo borrowers who mightn't be able to pay.
     
  2. MattF

    MattF

    time for a new round of suckers errr people to lend to...