I love this.
Credit unions and small community banks claiming they did nothing to help bring about the housing crisis.
Again, you have probably already read my book, but let me explain to you about credit unions and small time banks during the late 2000's.
They were wanna be's. They came to the party too late, bought in at the worst possible time, and whatever filfth and crap that was turned down by real banks, fell on the floor for these bottom feeders.
The WORST loans I ever saw made were by credit unions and community banks.
And if Frank-Dodd wipes them out, so be it, too bad, boo-freaking-hoo. It would be a good first step to passing the stool out of the banking system once and for all that caused this mess.
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