MY TAKE
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December 16, 2004

protectin the portfolio


here's a case 
of righteous banker rape :


 Louis Freeh( x fbi honcho )

 "If we see 
indications

 that a customer 
is taking on too much debt

 has missed 
or 
is late 

on payments
to other creditors

 or 
is otherwise
 mishandling 
their personal finances

 it is not
 unreasonable
 
to determine 
that this behavior
         is
 an increased risk 

In the interest 
of all of our customers,
 
we must protect 
the portfolio 

by adjusting
 a customer's 

rate

 to compensate 
for that increased risk." 
-------------------------------

kinda lapidary ain't it 

       
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Posted by herb jr. jr. at December 16, 2004 12:45 PM

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