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Detailed text transcripts for TV channel - MSNBC - 20140309:15:30:00

To not take all the money they have in the world and put it in a highly leveraged real estate investment in a home that might go bad. instead, blackstone will take on that investment and take on the investment risk. i think we should learn the lessons of recent history here. history doesn t repeat itself, but it does rhyme sometimes. this raises red flags. and so one question we have to ask is in what communities are we seeing this? because if they re in communities of color, that should be the first red flag. we saw this in the 1990s with the creation and expansion of subprime lending into minority communities that have been racially discriminated is against, redlined for decades, by state policy and discrimination by lenders. then all of a sudden, it s almost like, reverse red flag. 900%. that was the increase in subprime loans in the 1990s. so we knew this was a problem in minority communities before we even crossed the threshold to the 21st century that led to the burst of the bu ....

Real Estate , Investment Risk , History Doesnt Repeat Itself , Red Flag , All Ofa Sudden , State Policy , Reverse Red Flag ,