CRA: damned little justification in 1977, *ZERO* justificationtoday
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CRA: The law that makes dishonest bankers pee in their pants
Rudy Canoza wrote nothing:
Fixed the subject line for you |
CRA: justification in 1977
Rudy Canoza wrote:
http://digitalcommons.law.yale.edu/c...ext=fss_papers justification of CRA: As Senator Proxmire, the principal sponsor of the CRA, remarked, "We need to encourage bankers to get out of the office and walk around the block and find loan opportunities here at home. The law already provides that banks are chartered to meet the convenience and needs of their communities. [u]nfortunately many bankers and many bank regulators have forgotten the meaning of those words."' The purpose of CRA is to discourage banks from exporting the wealth of communities by taking deposits and funnelling the loans to the bankers community. Any honest banker will tell that amounts to theft. |
CRA: damned little justification in 1977, *ZERO* justificationtoday
On 5/31/2015 2:54 AM, "jim " wrote:
I unethically edited the subject line, I fixed that. and then I wrote nothing. Agreed. You never write anything of substance. |
CRA: damned little justification in 1977, *ZERO* justificationtoday
On 5/31/2015 3:20 AM, "jim " wrote:
Rudy Canoza wrote: http://digitalcommons.law.yale.edu/c...ext=fss_papers justification of CRA: None. |
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