Originally <a href='/showthread.php?p=17312524'>posted</a> on 12/30/2012:

Let's see how the meeting in the second week of January goes. There are reputable books who understand what is on the line here. Is it going to be the way of the criminals (BI/EZ) or the way of reliable business? It is up to these reputable books to set the standard. It is up to these books to draw a line and say 'enough is enough'. If they don't do that, the scammers win and it will all be downhill from here. If offshore is widely considered unreliable, offshore -as a whole- loses. The bailout these books would envision is not for immediate profit, but for longterm credibility of an industry. This industry needs standard bearers, that are clearly differentiated from the thieves who believe that CR will offer them safe shelter from justice.