Larry J, I concur with you. It’s too late: the banking demise is in the pipeline, and the OCC rules will affect only a portion of lenders. If they are rules at all; perhaps it will remain guidance only.
bigtrouble, I don’t need data, but some explanation of what you mean would be helpful. We already know that banks are not revealing their loans, the extent of the problem, and their knowledge of the problem. Yet, they continue making these loans. So how concerned are they? Is there a specific event or condition you are referencing?
