No investigation because it's a law: http://en.wikipedia.org/wiki/Community_Reinvestment_Act
On Mon, Oct 18, 2010 at 11:49 AM, Vivec <[email protected]> wrote: > > I've never seen any investigation conclude that banks and mortgage > companies were forced to give mortgages to people that could not > afford them. > > I have seen investigations, and employees say that they knowingly gave > mortgages and loans to persons that they knew could not afford it in > order to secure their own bonuses at the end of the month. > > I have seen investigations which conclude that the packaging of these > toxic assets was wilful and with the full knowledge of these financial > institutions. > > Where are you getting your information that these corporations were > 'Forced' into creating this financial crisis? > Are you implying that they bear no responsibility at all in this? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:329304 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
