A sign warning of predatory payday lenders leans up against a chair during a speech by Consumer Financial Protection Bureau Director Richard Cordray, in Richmond, Va., in March 2015.
A sign warning of predatory payday lenders leans up against a chair during a speech by Consumer Financial Protection Bureau Director Richard Cordray, in Richmond, Va., in March 2015. Steve Helber Associated Press file
A sign warning of predatory payday lenders leans up against a chair during a speech by Consumer Financial Protection Bureau Director Richard Cordray, in Richmond, Va., in March 2015. Steve Helber Associated Press file

David Lazarus: We’ve learned nothing from the subprime mortgage meltdown. Here’s proof.

December 18, 2015 8:19 AM