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Morgan Stanley Sued Over Bad Loans Targeting Low Income African Americans

The American Civil Liberties Union has filed a lawsuit against Morgan Stanley. We reported a few weeks ago that on behalf of 4 plaintiffs, the ACLU is alleging the bank practiced racial discrimination when packaging subprime mortgage loans into securities... This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

 

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