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Showing posts with label subprime. Show all posts
Showing posts with label subprime. Show all posts

Thursday, August 30, 2007

Isakson: "a few bad actors" caused subprime woes

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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