Obama is right on! The Big Bank CEO’s should lose those bonuses since they were complicit in the meltdown!

I hope the CEO’s quit their jobs and retire to their respective mansions. With leaders like this, the big banks and auto companies are in big trouble from the top down. Talent? The only talent these assholes have is for corruption.

Here is a thought! The Chinese economy is doing much better than we are, and they are getting loans out to the companies that are struggling to survive and small to medium sized businesses can get needed capitol. (NPR) so why can’t the big banks here that are bragging about their profits in the last quarter be forced to lend out money to our struggling small businesses. Also they should not be allowed to forclose one more home loan as a result of an interest rate re-set. As long as the home buyer is making the original payment on time, the re-set should be held off for at least 2 more years to give the buyer time to get prepared. If the buyer was simply sold a loan that he has no hope of repaying, then OK, the bank should find another more quailified buyer AND find a rental home for the displaced family that is closer to his ability to pay. The banks got greedy with thier mortgage programs, and their policies have forced them into a corner. The government bailed them out in order to solve the mortgage crisis…………but they went on a Las Vegas type gambling streak, rather than putting out conventional mortgage loans or small business loans. Now it is time to get tough on these big banks and make them loan the money, not spectualte with it!