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Released: September 25, 2008
Bailout needs a bridge to Main Street
Source: Michelle Singletary, Washington Post (Free Registration)
Although it’s bad-mannered to crow when you’ve been right about something, consumer advocates, civil rights organizations and community housing groups should be shouting, “We told you so!”
The Neighborhood Assistance Corp. of America, ACORN, NeighborWorks, the Center for Responsible Lending and the National Community Reinvestment Coalition, to name a few, were screaming about the subprime mess and predatory lending practices before it became prime-time news here and around the world.
Read Full Article: Bailout needs a bridge to Main Street
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