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(Greater Falls)   Before the collapse, banks based lending decisions on inadequate collateral and income. Now that they're more responsible, they're basing lending decisions on the number of Facebook likes potential businesses can get   (greaterfalls.com) divider line
    More: Dumbass, lending decisions  
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541 clicks; posted to Business » on 30 Aug 2011 at 7:40 AM (7 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



5 Comments     (+0 »)
 
 
2011-08-30 04:08:15 AM  
What happens when all the marketing firms and other companies who purchase strip-mined data from social media sites realize that it's immensely overvalued?
 
2011-08-30 08:15:33 AM  

Schadenfreude ist die schoenste Freude: What happens when all the marketing firms and other companies who purchase strip-mined data from social media sites realize that it's immensely overvalued?


Profit?
 
2011-08-30 08:41:02 AM  

Schadenfreude ist die schoenste Freude: What happens when all the marketing firms and other companies who purchase strip-mined data from social media sites realize that it's immensely overvalued?


Well.... if you're me you start getting medical supply and farm catalogs in the mail.

I work in IT.

And apparently my name is, alternately, Jiseph, Jinathin, or Jom.
 
2011-08-30 03:37:15 PM  
Before the collapse, banks based lending decisions on inadequate collateral and income.

Some did. If all banks used that criteria, the collapse wouldn't have happened in the first place.
 
2011-08-30 06:38:36 PM  
Articlemitter apparently got psyched that he got mentioned on Fark.com.
 
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