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Mr Banker stop wining!!

By
Real Estate Agent with Intero Real Estate Services 01373199
Am I the only one just fed up with all these stories about how much money CitiBank, Wamu, Chase etc etc etc have lost this year. I did not hear anyone crying when they were paying gazillions of Dollars in bonuses to all these CEO's for selling bad loans to the rest of the world. Mr Banker as far as I am concerned it is time to dry your tears clean up the mess and move on. lets get serious for a second, in 2007 the US banking system borrowed over 1 trillion dollars in mortgages. They have collected an unthinkable amount of interest in 2007. A loss of 150 Billion dollars is a bleep on any financial radar screen. Our government should really stop putting bandages on the wounds and let it bleed dry. only then, we will be able to start fresh and with a clean slate.

Comments (6)

Sean Allen
International Financing Solutions - Fort Myers, FL
International Financing Solutions

Max....Why don't you really tel us what's on your mind. LOL .... great point.

Sean Allen

Feb 15, 2008 01:28 PM
Penny Swift
Allison James Estates & Homes - Punta Gorda, FL

You are right on.

Feb 15, 2008 01:34 PM
Deborah Burns ~ Seattle Real Estate Agent
Realty Executives -BRIO - Seattle, WA

I agree so much!  Thinking about all the bonuses the top executives got for thinking up, and then implementing the schemes really burns me up!

Feb 15, 2008 01:43 PM
Don & Cyndi Shurts
Keller Williams Advisors Realty: Don & Cyndi Shurts - Beavercreek, OH
Your Dreams Are Our Priority!
Max - And it's the consumers who often pay the painful price for the mess.
Feb 15, 2008 02:02 PM
Joe Adams
Major Mortgage USA/Branch Manager - Montrose, CO
Now if you can get the FED to listen and say "NO MORE RATE CUTS"   we might start a recovery
Feb 15, 2008 02:14 PM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production
You're all over it.  They almost print money.....now they just need to learn how to manage $.
Feb 15, 2008 02:17 PM