How banks were bullied into making bad loans

'Community activists' used pressure tactics to secure high-risk mortgages
WASHINGTON – Using tools provided by the federal community Reinvestment Act, community organizers led by a self-described "banking terrorist" applied bullying tactics to secure high-risk mortgages and to shake down lending institutions for billions of dollars – actions that likely contributed to the "mortgage meltdown" that triggered the worst economic crisis since the Great Depression. ....