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Home / Finance / Mike Bloomberg once blamed banks making loans to black Americans as the cause of the 2008 financial crash

Mike Bloomberg once blamed banks making loans to black Americans as the cause of the 2008 financial crash

In resurfaced comments from September 2008, Bloomberg said the end of "redlining" put pressure on banks to make riskier loans for homeowners of color. Read entire story.

Source: Yahoo News – Latest News & Headlines

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