Quote:
Originally Posted by patriot2342001
Which was the entire point of the article. Bad credit regulation in the USA led to pain all over the world.
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Bad credit regulation?
US Lenders faced these options: Face massive class-action loan discrimination lawsuits or make bad loans?
These foreign investors knowingly assumed the same risks by making their investments. They were not forced into funding bad loans like US lenders.
Affirmative Action loans are a recipe for failure.