Home › Forums › Housing › Get fired up! Congress considering bailing out SUB PRIME! › “I am a strong advocate of
“I am a strong advocate of subprime lending,” Dodd said. “I don’t want that word to become a pejorative as junk bonds did.”
uummm….he is a “strong” advocate of the worthless lending standards that have created this “subprime” mess and caused the failure of several lenders…
but he doesn’t want “subprime” to become a pejorative as junk bond —i.e., “junk loan” but that is what it is….
