‘Slumlord’ Buffett’s “Disturbing Business Model” To Be Probed By Feds

by Tyler Durden
ZeroHedge.com
01/14/2016

At Berkshire’s annual meeting last May, Buffett said he made “no apologies whatsoever” about Clayton’s “exemplary” lending, in response to a question about an earlier Seattle Times story saying that Clayton trapped borrowers into unaffordable loans on depreciating homes. Well it seems the billionaire will need to send some more donations in as yesterday, four members of Congress sent a joint letter demanding an investigation into predatory practices at Warren Buffett’s mobile home unit Clayton Homes.

The Rest…HERE

This entry was posted on Thursday, January 14th, 2016 at 11:25 am and is filed under Conspiracy, Corruption, Economics. You can follow any responses to this entry through the RSS 2.0 feed.