Bloomberg Once Blamed End of ‘Redlining’ for 2008 Collapse
By BRIAN SLODYSKO
Politics
• Views: 2,026
This is a demonstrably bogus claim - most of the fallout from the crash was from Jumbo and super jumbo loans in hyper inflated housing areas — and hyper inflated housing areas are just not the spots where banks were redlining. More: Bloomberg once blamed end of ‘redlining’ for …