CRA, subprime & Easy Credit aren’t the same things.
You are engaging in an ad homin attack on this guy who did obvious reporting, he’s got the numbers, he’s got the facts and you could find them all for yourself. BoA & WaMu are publicly traded companies. The data is out there.
Here’s a similar article from
http://www.mcclatchydc.com/2008/10/12/53802/private-sector-loans-not-fannie.html
I want to introduce you to this blog.
http://www.ritholtz.com/blog/
He was calling this nonsense back in 2005.
he’s written a great book called “Bailout Nation”
He’s willing to bet 100,000 that the CRA didn’t cause this crisis. So far nobody’s took him up on it.
“CRA, subprime & Easy Credit aren’t the same things.”
They all stem from the same place....liberal/leftist policies and laws. Sorry..but once again..I trust the WSJ and Investor’s Business Daily over the propagandists from the left wing state run media machine. They have lost all credibility with most of the American people.I wasn’t making a personal attack on Mr. Campbell..I was pointing out to you that the man wrote many articles defending the CRA and investigating ‘unfair lending’ for many years. He has a dog in the fight.