Comments on: Greenlining Institute target for right-wing attacks http://www.berkeleyside.com/2010/05/14/greenlining-institute-latest-target-for-right-wing-attacks/ News and notes on our city Thu, 09 Feb 2012 15:28:00 +0000 hourly 1 By: Thomas Lord http://www.berkeleyside.com/2010/05/14/greenlining-institute-latest-target-for-right-wing-attacks/comment-page-1/#comment-5513 Thomas Lord Fri, 14 May 2010 18:52:36 +0000 http://www.berkeleyside.com/?p=8182#comment-5513 There is a notion, spreading around, that the Community Reinvestment Act is to blame for the housing bubble and burst. Here is a link to an interesting recent piece by Barry Ritzholtz, author of "Bailout Nation" and widely noted and respected economist. The gist of the piece is that those blaming CRA are certainly not letting any facts stand in their way. In fact, if you can quantitatively prove that CRA was a serious problem (in contrast the real problems he mentions) he will pay you $100,000: http://www.ritholtz.com/blog/2010/05/rewriting-the-causes-of-the-credit-crisis/ There is a notion, spreading around, that the Community Reinvestment Act is to blame for the housing bubble and burst.

Here is a link to an interesting recent piece by Barry Ritzholtz, author of “Bailout Nation” and widely noted and respected economist. The gist of the piece is that those blaming CRA are certainly not letting any facts stand in their way. In fact, if you can quantitatively prove that CRA was a serious problem (in contrast the real problems he mentions) he will pay you $100,000:

http://www.ritholtz.com/blog/2010/05/rewriting-the-causes-of-the-credit-crisis/

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