NYcarbineer
Diamond Member
- Thread starter
- #41
That's true, or ... They could have given less loans to white people.
They should have given a lot less loans in generally. They must certainly should not have been pressured to give loans to people they knew would fail.
As few as 19 of those 186 clients still own homes with clean credit ratings.
That's a preposterous stretch.
Citibank was already in the sub-prime business and was so of its own volition and motives. In fact I posted yesterday the article where Citi paid something like a 200 million dollar penalty for unethical subprime practices, in 2002,
where they were bilking people out of money connected to their loans, unnecessary insurance for example.
The Daily Caller article starts as this:
President Barack Obama was a pioneering contributor to the national subprime real estate bubble....
That is absurd.
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