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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (472625)4/16/2009 8:51:10 PM
From: combjelly  Read Replies (1) of 1575354
 
"The details are complicated, but it involved stretching the intent of the Community Reinvestment Act beyond fiscal responsibility."

It is only complicated because it isn't the truth. As has been pointed out, the vast majority of the loans were written by institutions who don't fall under the CRA. So how can that be a factor?
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