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PeriscopeDepth · 07-30-09, 01:51 PM

Banks have to pay off all those bad loans somehow, as if they were marked to market most major banks would be insolvent. What better way to do it than aggressively market more debt to the consumer.

PD

07-30-09, 01:51 PM	#9
PeriscopeDepth Sea Lord Join Date: Jul 2002 Location: Pacific NW Posts: 1,894 Downloads: 6 Uploads: 0	Banks have to pay off all those bad loans somehow, as if they were marked to market most major banks would be insolvent. What better way to do it than aggressively market more debt to the consumer. PD