US economy turning?

Doug Henwood dhenwood at panix.com
Thu Jan 3 12:20:35 PST 2002


Carl Remick wrote:


>Isn't the increase in subprime-lending abuses -- involving the home
>equity of poor credit risks -- a big step back in society?

I guess if you want a credit card or mortgage and you don't qualify under the old rules, you'd say no, but it seems a pretty greedy and brutal line of business to me.

Doug



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