Chris Dodd Is Making Sense
At first I was surprised by the report that Chris Dodd raised more money than any Democratic Presidential candidate in Q4 of last year, including Hillary Clinton. Then I realized that he's the incoming chair of the Senate Banking Committee, and the banking industry was trying to bribe him because they knew what his views were on predatory lending and the credit card business. But he is thankfully unbowed. He is going after the business-as-usual of stated income loans, subprime loans, discriminatory loans to minority borrowers, and all the rest. And he's already done work on reforming the credit card industry.
He really is a good Senator.
Labels: 2008, Chris Dodd, credit card industry, mortgages
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