Streetsblog Los Angeles

ubrayj02, this is classic spin. Many on the right have a kneejerk reaction to blame the rank and file as they are seen as mostly center-left. CEOs meanwhile get a bye. Remember the attenpt to blame ACORN and the community reinvestment act for the mortgage meltdown? Ironically the fairly conservative Orange County Register has found the latter claim doesn’t hold up as to the act:

http://www.ocregister.com/articles/loans-subprime-banks-2228728-law-lenders