On Tue, 27 Apr 2010 21:03:21 -0700, "Bill McKee"
wrote:


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

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.

actually there weren't a 'bunch of good banks'. there were a bunch of
large banks and investment houses that gamed the system, making it
fail