Subprime Scandal: Newly released memos from the Clinton presidential library reveal evidence the government had a big hand in the housing crisis. The worst actors were in the White House, not on Wall Street. --During the 1990s, former Clinton aides bragged that more aggressive enforcement of the Community Reinvestment Act pressured banks to issue riskier mortgages, lending more proof the anti-redlining law fueled the crisis.
Read More at Investor's Business Daily
(Hat tip: KimR)
Saturday, October 17, 2015
Clinton Library's Doc Dump Reveals CRA Fueled Subprime Bubble
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