"bpuharic" wrote in message
...
On Tue, 27 Apr 2010 10:56:54 -0700, "Bill McKee"
wrote:


"bpuharic" wrote in message
news
On Mon, 26 Apr 2010 18:33:39 -0700, "Bill McKee"
wrote:


and which, pray tell, were the 'stronger' banks? the ones that needed
a bailout?




The bailout banks by definition were weak. They were strong banks, still
are.

kind of like saying a cancer patient who hasnt died this week is
stronger than one who did?



There were a bunch of good banks. They did not go along with the new math
of real estate loans. They required the old fashioned way. 20% down and no
more than 1/3 of your income. Documented income.