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I think the banks have to be careful

Posted on: March 20, 2020 at 09:16:37 CT
Mormad MU
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how many times have they been bailed out? Not that folks shouldn't pay their debts, but it's really bad PR if you get a bailout and then aggressively push collections while people are in the middle of an economic crisis.

I suspect they'll have to do something.
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MESSAGE THREAD

on suspension of payment obligations - meatiger MU - 3/20 09:02:44
     gvmt has no right to do anything (nm) - pickle MU - 3/20 09:27:53
     I agree with this assessment(nm) - 4TigersinMichigan MU - 3/20 09:25:51
     I think the banks have to be careful - Mormad MU - 3/20 09:16:37
          The Fed is giving them money at no interest - meatiger MU - 3/20 09:18:29
               They don't necessarily want people pre-paying - Mormad MU - 3/20 09:21:37
                    New loans - meatiger MU - 3/20 09:24:03
                    a COVID-19 Memorial in Central Park? (nm) - ashtray UF - 3/20 09:23:39
     the majority of people voted for it and continue to do so (nm) - ashtray UF - 3/20 09:06:51
     Coronaphobia is no different than any other dooms day cult - tigertix MU - 3/20 09:05:36
     not amazing at all, nearly everything the feds do falls into - 90Tiger STL - 3/20 09:04:25
          That sounds like a 4tigs answer - meatiger MU - 3/20 09:05:52
               of course we deserve from gvmt what we've given it. - 90Tiger STL - 3/20 09:45:17
                    Unfortunately, crises - meatiger MU - 3/20 09:55:47
                         so do non-crises (nm) - 90Tiger STL - 3/20 10:22:55




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