Since I'm the one who suggested that predatory lending is about taking advantage of people who can't do math, I'll respond.
>From what I've seen in the news, the hedge fund managers who are probably going to jail are in trouble for defrauding *investors* not borrowers. The fund managers continued pushing sub-prime mortgage funds even after they knew that those funds were going to tank. -----Original Message----- From: Dana [mailto:[EMAIL PROTECTED] Sent: Thursday, June 26, 2008 8:58 AM To: CF-Community Subject: Re: It's about race now actually I just clicked on the last message I read in the thread, so I don't mean you specifically. I am glad you are against all subsidies -- this is at least a rational position and one I might consider. I do think you are missing *my* point -- you don't get charged with fraud because your clients can't do math. Dana ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:262819 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
