Redlining

drose at AZStarNet.com drose at AZStarNet.com
Wed Dec 11 02:06:00 PST 1996



Matthew J. Miszewski wrote:

(snip)

>I, personally, find racial discrimination to be a problem in the USA.
>
>Not only do I find it a moral problem, but it has adverse effects on
>markets and the efficiency of these same markets.
>
>It is costly not only in personal measures, but in economical terms as well.
>
>As a way to address these concerns, holistically, moral concerns as well as
>economic concerns, I do support limited regulation specifically tailored to
>address this problem.
>
>One of the means of addressing only one specific aspect of this problem is
>to legislatively restrict the practice of redlining.

(snip)

Many people of good will find racial discrimination to be abhorrent. OTOH,
I'm sure that as an attorney you are cognizant of the fact that financial
institutions have a fiduciary responsibility to their shareholders.

In any case, have you given any consideration to taking your well-meaning
but off-topic thoughts to any one of a number of perhaps more appropriate fora?







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