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Loan Modification

: Mortgage Lender Implode-o-Meter

ECB can bail out banks; not countries

By Implode-Explode Heavy Industries

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``Reality is that none of the so-called "regulators" - worldwide - have any interest at all in prudent lending. Why not? Because prudence in lending, leverage ratios that are actually enforced and mark-to-market restrict bank profits.''

Full post as published by Mortgage Lender Implode-o-Meter on December 21, 2009 (boomark / email).

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