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Old Jan 1, 2008, 08:47 pm   #6 (permalink) (top)
rmnunez
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Location: Mexico City
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So I take it you think the problem is that banks are making too much profit. That's a popular perspective, any bankers here? I'd figure everyone would agree it would be nicer if banks didn't profit as much. There are laws against their charging excessive interest (usury) but I don't know what rate is deemed excessive. However, the rates charged for mortgage loans are hardly usurious, last I checked they were around 5-6%, do you think this is too much?


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