What happened to the Four Cs of underwriting, Collateral Character, Credit, and Compensation

Who Will Bail Out the FDIC?

By John Lillpop —— Bio and Archives--September 17, 2008

American Politics, News | Comments | Back To Full Article

As Wall Street and the financial markets come tumbling down, who would have expected a conservative president to seize quasi-private enterprises and make them government property, and to bail out other private companies with loans involving billions of dollars of taxpayer money pinched from the U.S. treasury?

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