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ProPublica & @opb.org obtained documents revealing that new Trail Blazers owner Tom Dundon was behind what regulators called an “aggressive push” to waive proof-of-income requirements at his car loan company. Officials are currently weighing $870M in public funding to rebuild the NBA team’s arena.
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www.propublica.org
As CEO of Santander Consumer USA, the incoming Portland Trail Blazers owner was behind what regulators called an “aggressive push” to waive proof-of-income requirements.
New Portland Trail Blazers Owner Played Key Role at Company Oregon Accused of Predatory Lending
ProPublica