Lenders often lend to marginal borrowers just because they can charge a high rate of interest. Very profitable, IF the lender makes his payments. If the borrower declares bankruptcy or undergoes a revolution, the lender looses him money. Which is why greedy banks did sub prime mortgages in the 00's causing great depression 2.0, which we are still in. Which is why the same banks loaned a mountain of money to Greece which is never going to be paid off. Which is why the same banks loaned $82 billion to Puerto Rico, which isn't going to get paid off either. And has put both Greece and Puerto Rico pretty much out of business.
Bank stock holders need to shape up and dump the managements making these destructive loans. They wreck the borrower's economy which is immoral, and they wreck the bank's bottom line, which is worse. The MSM could help by publicizing the names of the banks doing dumb ass loans, and the names of their senior management.
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