Yes, the Community Reinvestment Act Really Did Help Cause the Housing Crisis

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Anonymous Banker: The foundation of this Economic Crisis: The Community Reinvestment Act or the Regulators that enforce it?

http://anonymousbanker.com/?p=465

Don't worry. The FDIC will be begging East Bridgewater to acquire one of the high rated CRA banks any day now.

Bizzare spin on CRA, for sure.

Anonymous Banker of NY @ Oct 05, 2009 01:18:55 AM

Nice

Its nice to see someone go deeper into the CRA and the financial crisis and how the governments actually pushed it. Anyone know where else to get this info?

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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