Well, we continue to see change. Too bad none of it appears to be helping the consumer. We continue to hope that the monies provided to the major banks will provide the emotional climate for bankers to start loosening the proverbial purse strings.
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Collateralized Debt Obligations...who is responsible for them? Well, it would seem that the large financial companies like Bear Stearns, JP Morgan Chase, Lehman Brothers. GMAC and Merrill Lynch have some culpability for what is happening in the lending marketplace. Typically they are the ones tha...