[bankwalker]

BTW: Forest Gump led a very successful life through hard work, perseverance and solid moral character.

and he was by far the smartest guy in the movie ...

[Night Hides Not]

Forrest Gump was a lot smarter than the presidents of community banks that were shut down. Community banks turned away from their stodgy, old, but profitable business model in search of greater profits from commercial real estate.

Sure, they had a couple of good years during the tail end of the boom. When the downturn came, they didn't have the expertise in loss mitigation. On most of the bank closings I attended, the arrogance of these bank officers was appalling. They didn't get hurt, but their employees lost their jobs thanks to their poor decisions.

One practice my section stopped was the recapitalization of accrued interest on loan modifications. FDIC never considered "accrued interest" an asset, but the loan servicers bumped up their fees by including it in the new loan.

As much as I dislike Senator Warren, the Democrats and MSM are going to have a field day with Mr. Mnuchin. Will he be confirmed? Not if the nuclear option isn't employed.