said:
Really? *Please quote the clause in the Community Reinvestment Act that
told investment banks to leverage their position in subprime CD0s to
suicidal heights. *...... *A healthy bank can withstand a 25% default rate in
the subprime sector, leverage that risk to 33-1, as one bank did, and
it's bye-bye. *Greed and bad business practices brought on this mess.


Dave wrote:
I think you'd best go take a nap while those who know something about the
topic have this discussion.

Looks like he he does know something about it....

....something you'd rather sweep under the rug in the rush to blame
those evil libby-rull Democrats!

DSK