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It was announced in the Union Tribune in an article yesterday that the Federal Board’s San Francisco Bank is gathering together the industry troops to see if there might be some solutions to the sub-prime loan crisis and in hopes of helping to prevent some forclosures.
This is the third such meeting and 3 more are planned. Melody Nev, the Banks Southern California community development manager says” I ask that it is not about blame, not about pointing fingers”.
Seems there have been a lot of finger pointing out there lately. You recall what the advise is about pointing fingers. One points out and the others point back at the pointer. But hey, if these good folks really can do something we should all listen and learn. This crisis isn’t going away by itself so any good solutions are welcome. Read the rest of this entry »
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