Problem for Housing Recovery is Regulation, Not Rates: Whalen | Don't We Need Regulation?

Problem for Housing Recovery is Regulation, Not Rates: Whalen | Daily Ticker - Yahoo! Finance

Massive disappointment because Whalen, the man who first exposed the housing bubble of 2004 and the securitization of same, is now saying that there should not be regulations regarding the amount of loans folks can get!

Chris, there has to be consumer protection because the banks have a job to insure you can only get a loan you can pay back! That should always be the law and has been the law before with the 1989 solution to the S & L crisis. W never enforced that law.

Now you want the law to be ignored again? If I understand you Chris Whalen, I am very disappointed in you! 

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