Friday, January 11, 2008

Almost as stupid as suing macdonalds because they made me fat…

Cleveland sues lenders over subprime

I didnt have to buy the burgers and eat them for every meal... just like I dont have to get a mortgage I know I cannot ever pay.... CLEVELAND (CNN) -- Likening their actions to those of organized crime syndicates, Cleveland's Mayor is suing 21 major banks and mortgage companies for the roles they played in the sub-prime mortgage crisis that devastated many neighborhoods in the city. The suit, filed in Cuyahoga County Common Pleas Court, alleges that in pushing sub-prime mortgages in Cleveland, the companies created a public nuisance in violation of state law.

Posted by mark @ 03:57 PM (442 views)
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