New Portland Trail Blazers Owner Played Key Role at Company Oregon Accused of Predatory Lending

Oregon Gov. Tina Kotek is considering a major taxpayer-funded deal to retain the Portland Trail Blazers, despite allegations that owner Tom Dundon's past company, Santander Consumer USA, engaged in predatory lending. Documents reveal Dundon's role in practices that led to a $550 million settlement in 2020, with regulators calling his actions harmful to borrowers.