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02/14/14 6:32 PM

#83116 RE: XXWIDE #83114

No, the banks want new law. The IRS........

will not allow, by law, marijuana related deductions.

For the banks to participate, as the ABA president said, they run the risk of prosecution.

The government can't be trusted and SMART MONEY knows that. They participate and they could be fined, which bureaucrats love to do. Go after BIG MONEY.

The banks learned their lesson with the sub-prime fiasco. Policy was those loans MUST be made. Guess who paid for that?

Those that followed the policy. The banks.