Scandlers Sandlers on 60 Minutes Sunday Night

Posted: Feb 16, 2009 1:50 PM
Last night, 60 Minutes ran a segment called "World of Trouble," which featured the unethical actions of liberal moguls Herb and Marion Sandler…founders of the so-called Center for Responsible Lending  You might remember them from this controversial SNL skit.

The Sandlers have become heroes to some for their so-called Center for Responsible Lending group, but as you will see, they made millions by pushing the same sub-prime lending practices that destroyed the mortgage industry.  
Moreover, homeowners were bilked by the Sandlers into engaging in loans where their payments didn't even cover the interest on the loan -- so these poor people got poorer and poorer every time they made a house payment.