Latest comments for http://www.ababj.com , comment 0 to 2 out of 2 comments http://www.ababj.com Thu, 23 May 2013 16:01:13 +0100 FeedCreator 1.7.2 http://www.ababj.com/myblog/who-says-losses-are-ok-2704.html#pc_1168 You make a respectable point; losses will occur from time to time. I just object to the idea of handing out "Get out of jail free cards" ahead of time. A strong credit culture depends on strong policy and strong execution and the lapses are much more frequent in execution than in the crafting of policy. Example: any loss due to a documentation exception to me is unacceptable. - Ed OLeary responds: Wed, 08 Feb 2012 15:06:31 +0100 http://www.ababj.com/myblog/who-says-losses-are-ok-2704.html#pc_1167 I would agree with you that any lender that has loan losses that are caused by the lenders inability to grasp what the banks philosophy is should not be tolerated but what about the thought process that says if you don’t lose money occasionally you are losing deals by being too conservative? - Richard Manzi Wed, 08 Feb 2012 12:45:32 +0100