Harsanyi: What could go wrong? Obama asks banks to offer risky loans:
"Think about this statement.
The administration is asking banks – banks that Washington bails out; banks that Washington crafts regulations for — to embrace risky policies that put the institution and its investors (not to mention, all of us) in a precarious position.
So precarious, in fact, that banks have to ask government if they can be freed of any legal or financial consequences."
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