[lbo-talk] Sub-prime crisis in Kansas City

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Jan 4 14:02:28 PST 2008


Seth asks:


> [...] why these people wouldn't give a black guy a prime mortage ...

It's not really up to them anymore, it's up to FICO. Count that in a good column. But I do think that near the end -- especially after the early part of 2005 -- poor areas were targeted and sold a bill of goods by vultures. Whether that's a racist conspiracy or not, I couldn't say.

/jordan



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