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To: driftdiver
Sure and lender should accept the risk of not being repaid just as they accept the reward of being repaid.

I knew it wouldn't be too long before you would blurt it out.

Yes, yes. I've heard it all my life. Some folks think the world owes them a living. What's mine is mine an what's yours is negotiable. etc, etc, etc...

65 posted on 10/08/2010 6:05:17 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

“I knew it wouldn’t be too long before you would blurt it out. “

Blurt what out? That along with the rewards of your business you should also accept the risks. That YOU should be responsible for YOUR business decisions.

Surely you must support capitalism and the free market??? I mean you’re a banker right???

No, just like all other bankers you are willing to accept the profit but seek govt protection from the risks. I’ve spoken with numerous CEOs of smaller banks and EVERY single one knew the pyramid scheme was going to implode. The responsible ones acted accordingly.


71 posted on 10/08/2010 6:12:05 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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