Letters to the Editor
This letter is associated with the following article:
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That's Too Insulting For Words!
"Yeah, let's keep those complex loans away from those poor negroes, they clearly aren't smart enough to understand them."
Thanks Barney.
If there was fraud, that's one thing. If people made stupid investment choices, that's a matter for them and the lender from which they borrowed to make that stupid investment choice.
It's really pretty simple, folks: if you don't understand it, don't sign it. If you can't afford to buy it without taking on a loan you don't understand, don't buy it.