“Lenders must be made whole, and can take any step necessary to be made whole” is an extremely common and extremely weird point of view. If one believes in the

“Lenders must be made whole, and can take any step necessary to be made whole” is an extremely common and extremely weird point of view. If one believes in the free market, shouldn’t one also believe that bad lenders who give out risky loans should face the risk of not getting repaid?