Quote:
Originally Posted by petch751
wow, Obama really likes to mess with these things.
With landmark lawsuit, Barack Obama pushed banks to give subprime loans. Roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.
Now he wants to play with credit card companies?
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I thought all that pushing of shady/bad mortgages happened 1999-2008 and finally came to a head in the financial crisis of 2008-2009.
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