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Not only they are not taking risk, they get to pick who gets the funding so they further optimize their bottom line, by say favoring bigger loans or loans to th
by zarkov99 7y ago
Not only they are not taking risk, they get to pick who gets the funding so they further optimize their bottom line, by say favoring bigger loans or loans to their most indebted customers. I hope there is a reckoning but I am pretty sure there will be bonuses to the CEO's instead.
- tossAfterUsing 7y agowell.. we could occupy zuccotti park again, except now it's illegal to have more than 100 people in the same place together. sincerely, "the civil liberties lobby"
- mywittyname 7y agoMaybe someone can get a class action lawsuit together on this.
- snowwrestler 7y agoHow can we say that banks are not taking any risk, but then imagine a class action law suit against them? Wouldn't the possibility of getting deluged with lawsuits count as a risk?
- nnvvhh 7y agoThe article mentions that a law firm is currently pursuing this.