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Matt Taibbi rails at Mike Bloomberg's attempt to pin the prime-lending implosion on Congress:...

Nov. 05, 2011 7:08 PM ETBy: Eli Hoffmann, SA News Editor31 Comments
Matt Taibbi rails at Mike Bloomberg's attempt to pin the prime-lending implosion on Congress: "Far from being dragged into poor neighborhoods and forced to give out home loans... companies like Countrywide and New Century charged into suburbs and exurbs from coast to coast with the enthusiasm of Rwandan machete mobs, looking to create as many loans as they could."

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