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Those are the people making the loans.
But the bigger winners are the banks making the loans.
It is true that those making the loans will have "skin in the game".
The central bank took little risk in making the loans, protecting itself by demanding large amounts of collateral.
If mortgage loans do not meet the highest standards, somebody involved in making the loans should be responsible if they blow up.
The Associated Press first reported Monday that the union told the commissioner's office that it did not believe Boras violated its regulations in making the loans.
Similar(22)
For the most part, Democrats are not defending the government's judgment in making the loan.
Are fees collected from you and the bank making the loan?
In exchange for making the loan, the Fed was promised a 79.9percentt stake in A.I.G.
Mr. Bloomberg is making the loan through a corporate entity of which he is the only shareholder.
Once the Fed determined that Lehman did not have enough collateral to pay back the loan, the Fed was legally prevented from making the loan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com