Paul B. Farrell: ‘Public Enemies’ run, not rob, our banks

0 Comments Published June 23rd, 2009 in News.

Yes, two Great Depressions linked in a mysterious time-warp: Bank robbers and robber banks. Back in the dark days of the first Great Depression John Dillinger was admired, a dapper Robin Hood. Banks were the real villains.

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This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter

Paul B. Farrell: ‘Public Enemies’ run, not rob, our banks

0 Responses to “Paul B. Farrell: ‘Public Enemies’ run, not rob, our banks”

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