Nobody has ever said that Golden West Financial Corp. deliberately foisted subprime mortgages on the unwitting. But, what if it did?
Would nonprofit media group ProPublica, most of whose funding comes from the Sandler Foundation, founded by Herbert and Marion Sandler after they sold mortgage lender Golden West to Wachovia Corp. in 2006 for $24 billion, investigate? With Wachovia now rolled into Wells Fargo, will they be tough on it as needed?
Just saying.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
January 13, 2010
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