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Is this Really as retarded as it sounds?

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  • 22-07-2015 9:09am
    #1
    Drumpot
    Registered Users Posts: 19,306 ✭✭✭✭


    http://www.rte.ie/news/business/2015/0722/716381-regulators-asset-backed/

    To the layman it's hard not to believe that most politicians are completely retarded. They are asking the banks for feedback on this!!! That's like asking a compulsive gambler if they feel they should be allowed in a casino with their families life savings.

    That said, I would like to think that this time there are protective measures to prevent what happened in 07-08 being repeated!


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    #2
    TheDD
    Registered Users Posts: 6 ✭TheDD


    Nothing retarded here, it's just creating an environment where **** banks can go bust without causing a economic crisis


  • Options
    #3
    FreudianSlippers
    Registered Users Posts: 20,397 ✭✭✭✭FreudianSlippers


    So long as it's only on high quality securitised debt and there are systems in place to prevent predatory lending, I don't see the major issue.


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    #4
    johnnyskeleton
    Moderators, Entertainment Moderators, Politics Moderators Posts: 14,478 Mod ✭✭✭✭johnnyskeleton


    Citing an article and making dergoatory comments is beneath the forum standards. Thread locked


This discussion has been closed.
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