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Loan Modification

: Mortgage Lender Implode-o-Meter

The best financial reform? Let the bankers fail

By Implode-Explode Heavy Industries

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``... there's a ready-made and time-tested solution. Let the senior financiers keep their salaries and bonuses, and let them do with their banks what they will. If, however, their bank fails, let the bankers themselves fail. Let the value of their houses, cars, yachts, paintings, etc. be assigned to the firm's creditors.''

Full post as published by Mortgage Lender Implode-o-Meter on April 24, 2010 (boomark / email).

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