Core..........You know what, I think you're right. This state of affairs is most unsatisfactory.
Perhaps tomorrow, after you're done with your animal husbandry activities, you would be so good as to draft a proposal outlining a superior, yet legal method of verifying borrower information, ability to pay etc. Post that here & Peter (or someone else you know) can submit it to his pals at LC who will undoubtedly form an interdepartmental feasibility committee to examine your proposals. Then after an exhaustive study that examines arguments from all sides, the suggestions of the committee can be passed on to a select group of individuals, consultants, a few journalists for further study. In due course & after a period of discussion between the aforementioned parties, the course of action recommended which will be an amalgamation of all the divergent views above can then be given back to Peter who will do an investigation & determine that complete transparency occurred throughout the process. Then Peter can do a blog post & say the usual things, which I'm sure you're already familiar with already.
How about it? Are you in? Would the process be acceptable to you?
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