Georgia Senator Johnny Isakson says America’s mortgage and banking industries need to be more strict in lending money. Isakson told the North Fulton Chamber of Congress today that he believes a few bad actors caused the nation’s subprime mortgage crisis. But the Republican from Marietta said Congress is ready to interfere if the industry doesn’t volunteer more transparency.
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Thursday, August 30, 2007
Isakson: "a few bad actors" caused subprime woes
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8/30/2007 03:08:00 PM
Labels: Johnny Isakson, subprime