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August 03, 2009


Jennifer Altenburger

Apropos from the August 2009 issue of The Progressive: "The top 25 lenders of subprime mortgages spent nearly $370 million over the past decade lobbying in Washington to weaken regulation of their industry, reports the Center for Public Integrity. "the banks.. were not victims of an unforeseen financial collapse, as they have sometimes portrayed themselves, but enablers."

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