-or you would pay the debt down early, potentially.
I have more of a beef with the lenders than the borrowers. This is an underwriting problem more than a morality issue.
I don’t think this ends until the ones at the center of this mess – the investment banks and even some money center banks like Citi – are truly brought to task for their actions. I don’t think this ends until we see some bankruptcies and some consolidation, and I ain’t talking about E-Trade.
