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Tag: Sub-prime


ACLU: Black Homeowners Were Preyed Upon by Banks Before the Great Recession

Racial wealth inequality has widened due to targeting of black Americans by pre-2008 subprime mortgage lending, a report by the American Civil Liberties Union finds.

Posted on Jun 23, 2015 READ MORE


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Timeline: The Global Credit Crisis

To help all those still reeling from sudden onset econo-tastrophe syndrome, the BBC has put together a handy timeline, which connects the dots between events over the last couple years but doesn’t quite take the long view, thus leaving out a few key moments and players from, say, the 1990s (paging Phil Gramm).

Posted on Oct 6, 2008 READ MORE


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