Blacknessdefined’s Weblog

The Black Experience in America

Most subprime loans didn’t go to low-income borrowers

Most of us would have thought subprime loans went to minorities and those with bad credit.  Well that isn’t true. 

Bad Banking

Unfortunately, this aspect of the collapse within the banking industry went unreported.  This is a massive bail out but not for who you believe.

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August 5, 2008 - Posted by | Economics

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