Tag Archives: predatory lending destroying middle class families

Sep. 17, 2012 The New Yorker

On Sep. 17, 2012 The New Yorker’s Jeffrey Toobin wrote “The Professor” about Elizabeth Warren’s run for the US Senate. Warren came from a large modest mixed race family in Oklahoma and worked her way through college to become a teacher for students with special needs. She went on to become a professor at University of Texas. She wrote a book with Teresa Sullivan and Jay Westbrook called “As We Forgive” about predatory lending destroying middle class families.¬†She discovered that most bankruptcies occur when people lose their jobs or are in poor health. Regulating financial institutions, providing universal health insurance and unemployment insurance can not only help ordinary people but their communities as well.

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