David Snieckus's Page

Mark Harmon, in my opinion, is technically incorrect as quoted, in the Boston Globe, August 7, 2011 page A14, “They (banks and other lenders) loaned people money. It is not being paid back, and they need to be represented, and it is required that we represent them zealously.”

First, there was no real money loaned to people. Credit was loaned. The homeowner’s credit as a signed promise to pay, not the bank’s was loaned. Second, since no…