re: #366 Killgore Trout

Actually KT some of it came from me. CRA helped create some of the lowering of standards by Risk Managers. It wasn’t just CRA areas that took advantage of those lower standards however.
Lower standards enabled some of the risk, it just wasn’t all in CRA areas.

Other things occurred at the top of the stack - 125 percent to value loans to borrowers with medium to good credit were offered by several institutions, those attracted they yuppie and D.I.N.K. house flipping types, who went upside down quicker in the crunch due to the 125 percent to value.