Why is it that some banks are still not afraid to do illegal banking transactions despite the banking laws? It is sad to hear that three areas in the Atlanta, Ga., area have submitted a lawsuit against the British bank HSBC over accusations that the financial institution aggressively pushed minority groups into signing on for sub prime mortgage loans that were likely to fail. Court documents state that the Atlanta-area areas of Fulton, DeKalb and Cobb misplaced hundreds of millions of dollars in additional expenditures and tax base damage, reports The Huffington Post. (
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