[arthurus]

Which is as it should be. The whole lending mess will be recycled in a few years as the lawyers discover again that a lower percentage of poor people get "awarded" loans in each amount category than rich people and that those poor people tend to be a higher proportion black than the population as a whole. The banks will be again required to make equal loans to blacks and paupers or face debilitating litigation. That is much of the origin of the bubble that just collapsed.

[EGPWS]

as the lawyers discover again that a lower percentage of poor people get "awarded" loans in each amount category than rich people and that those poor people tend to be a higher proportion black than the population as a whole. The banks will be again required to make equal loans to blacks and paupers or face debilitating litigation.

Alas, slavery revisited...