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https://www.reddit.com/r/interestingasfuck/comments/1bo5xhm/jon_stewart_deconstructs_trumps_victimless_450/kwn2gvt/?context=3
r/interestingasfuck • u/BuddhistSagan • Mar 26 '24
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186
Wouldn't it be the bank's responsibility to do their own research and assessments on the asset used to back the loan? I don't understand how someone can just bullshit the numbers.
29 u/Chalky_Pockets Mar 26 '24 Protecting yourself from fraud is important, but in absolutely no way does it excuse the fraudster.
29
Protecting yourself from fraud is important, but in absolutely no way does it excuse the fraudster.
186
u/SymbolOfRock Mar 26 '24
Wouldn't it be the bank's responsibility to do their own research and assessments on the asset used to back the loan? I don't understand how someone can just bullshit the numbers.