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One link would be the intervention BY the government in banking et al. forcing banks to lend where they didn't want to for fear of being labeled a red-liner. Then the Community Reinvestment Act. (I was the CFO for 18 years of a small So Cal bank - commercial loans only - but we were definitely pressured. And the FDIC would come in and clearly try and help us get around the rules to keep from making bad loans!
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David
1972 911T/S MFI Survivor
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