SEC seeks tighter rules on asset-backed securities KOMO News - Breaking News, Sports, Traffic and Weather - Seattle, Washington Business
This blog is in no way intended to be a know-it-all expose on the banking system. I do try to post items that I come across that directly affect the customers of the industry. The major banks have shown that profits are their #1 goal. Customer satisfaction and security is not even on the short list.
The SEC rules are being sought to contain the profit monster that continues to threaten our economy and prevent another meltdown.
Have you considered changing your bank yet?