... no income or asset verification, lies on the loan applications, false appraisals, adjustable rate teaser loans, negative amortization ... facing. "Imagine a sinking ship with only two lifeboats, and that the sinking ship would need closer to 50 lifeboats for everyone on board," said one source, a ... lender who asked not to be named. "Those two lifeboats may be the best on the planet, but ...

...as possible as mere means. The overcrowded lifeboat example illustrates a situation in which ...we should sacrifice no one in the lifeboat example, because that would be to ... it would prescribe in one particular lifeboat example. Let us assume that you are... in charge of the one remaining lifeboat, which has too many people crammed ... know no time but are always applicable? Do we ask, will it work?...