Nonsense
December 3, 2009 | federal legislation, industry | Comments (0)In this otherwise decent article about cattlemen concerned about access to credit, this claim really annoys me:
Prompted by perceived abuses in the mortgage loan, credit card and payday loan industries over the past 10 years, the proposed Consumer Financial Protection Agency would have broad authority over certain financial transactions.
No, the proposed agency was promoted by abuses in mortgaged lending and concerns about “too-big-to-fail” banks.
Comments»
No comments yet.