Topic: NewsBusters
In a March 15 NewsBusters post, Anthony Kang criticized a "60 Minutes" report on the financial crisis because it "didn't mention the role of the 1977 Community Reinvestment Act in forcing banks to loan to high-risk credits."
In fact, experts have concluded that the CRA played no substantial role in the financial crisis.
Posted by Terry K.
at 7:25 AM EDT