Massive Justice Department attack on banks?

posted by
September 5, 2011
OpenMarket.org
by Hans Bader  
Posted in Commentary

"The highly-politicized Obama Justice Department is already suing banks that it perceives as not making enough loans to minorities, and forcing them both to award preferential loans to high-risk borrowers based on race, and to cough up money in 'settlements,' some of which goes to left-wing 'community' groups that are allied with the Obama administration. I earlier questioned the legal logic behind these lawsuits, noting that racial disparities are often not sufficient evidence of discrimination in many areas of the law." (09/02/11)

http://tinyurl.com/3tq8tqq  

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