1. Most Discussed
  2. Gainers & Losers

non prime

  1. benson1610

    4,972 Posts.
    73
    just read an article on bloomberg 'subrime bonds are back with different name seven years after US crisis'.

    I'm building an unhealthy dislike for banks.Its hard enough trying to decide my investments for my future as clearly the variety of opinions on this forum indicates.Governments make it hard enough.
    When are the so called regulators going to understand banks are not normal businesses and need to be regulated or completely new business models developed until 'regulators' understand the real situation and understand what controls or changes need to be made.At the moment banks are out of control.
    Apparently going by this article banks are doing exactly what they did with sub prime only now they call it non prime.The suggestion being the banks will hold the more riskier mortgages which sounds complete bs to me.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.