Re: The FCIC falls apart

"Karl" <[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]> 
Found this which seems to be trying to be objective.

http://www.city-journal.org/2008/eon1030hh.html



-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of Lance McLain
Sent: Thursday, December 16, 2010 4:30 PM
To: DADL (off topic)
Subject: Re: [DADL-OT] The FCIC falls apart


On Dec 16, 2010, at 5:57 PM, Karl wrote:

> " the long-standing and harmless Community Reinvestment Act"
>
> Harmless?  Really?


Actually, not only harmless, but perhaps even helpful, according to this article
(at the end).

regards,
-Lance

http://www.mcclatchydc.com/2008/10/12/53802/private-sector-loans-not-fannie.html

Private sector loans, not Fannie or Freddie, triggered crisis




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