10 years after the financial crisis, have we learned anything? – CNNMoney

Remembering one of the darkest days in financial history

When John Taylor starts remembering the years leading up to the financial crisis, his fury wells up all over again.

As president of the nonprofit National Community Reinvestment Coalition, he warned Congress about the predatory and fraudulent lending that was fueling a housing bubble as early as 2000. Lawmakers told the Federal Reserve to write rules that would have put a stop to the worst practices. But the crash came first.

This Article Was Originally From *This Site*

Powered by WPeMatico