Wednesday, October 12, 2005
Judge Bars Probe of National Banks
A federal judge Wednesday blocked New York state Attorney General Eliot Spitzer from investigating national banks' lending practices, saying the probe is prohibited by federal law...
...Spitzer had said his probe to see if minorities are being charged higher interest rates on home mortgage loans had already shown a "significant racial disparity that could violate state civil rights laws."
...Spitzer had said his probe to see if minorities are being charged higher interest rates on home mortgage loans had already shown a "significant racial disparity that could violate state civil rights laws."
