body...@hotmail.com

This is nothing new, right in 98-99 the Gov't was coming down hard on
predatory lending and highrisk lending. This was also a big reason UBS
was boughtout due to smaller subprime lending. By 99-00 the number for
companies fined was 50, 01-03 400, and 04-06 it was over 200. There is
alot more behind the scenes and this is not the end. Level 3
accounting that started with LTCM, Enron was just the beginning.