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#11
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“While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”
On May 3, 8:28*pm, jim wrote:
No that is incorrect. What is incorrect? Those are the direct quotes from the text of the law. |
#12
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“While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”
On May 4, 8:26Â*am, jim wrote:
You snipped what is incorrect. These are your words - they are not in the law: Those are not my words those are the words from Wikipedia article on the subject that ПеаБраин has posted as a proof that the last housing crisis has been caused by the law we are discussing. What I am trying to do is to find something, ANYTHING within either a letter or spirit of this law that might cause this calamity. I don't how what is below might contribute to that. Expressly the law states: (1) Â*regulated financial institutions are required by law to demonstrate that their deposit facilities serve the convenience and needs of the communities in which they are chartered to do business; (2) Â*the convenience and needs of communities include the need for credit services as well as deposit services; and (3) Â*regulated financial institutions have continuing and affirmative obligation to help meet the credit needs of the local communities in which they are chartered. |
#13
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“While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”
On May 4, 4:30Â*am, ПеаБраин wrote:
For objectivity free of political agenda on this fiasco one has to look north of the American border: http://www.theglobeandmail.com/servl...27.COWENT27/TP... When I clicked on your link that is what comes back: Whatever it is you were looking for has been moved or never existed! Like most of you references ... |
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