Monday, July 11, 2011

Bankrupting the US again

Holder Launches Witch Hunt Against "Biased Banks"
By PAUL SPERRY

In what could be a repeat of the easy-lending cycle that led to the housing crisis, the Justice Department has asked several banks to relax their mortgage underwriting standards and approve loans for minorities with poor credit as part of a new crackdown on alleged discrimination, according to court documents reviewed by IBD.

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=577794&p=1

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