I know not to trust everything I read in Wikipedia,
but nevertheless it is a clear start for a semi-amateur
research project. There are many other sources that can
be easily located using Google.
The bottom line is, if you want to know the root of the
so called financial crisis we are in, we'd start looking
at the "Community Reinvestment Act" signed into law
in 1977 by Jimmy Carter. Later the law was modified
by Bill Clinton and again by George W. Bush.
Click on the Wikipedia link bellow to read more on the
subject:
http://en.wikipedia.org/wiki/Community_Reinvestment_Act
Someone said the road to hell is paved with good intentions.
.
No comments:
Post a Comment