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73

Subprime Home Mortgage Crisis

by Ralph Deeds

"We forgot there was a lot more risk in the strategy," said one State Street executive." The State Street Corporation which manages $2 trillion for pension funds and insurance companies fired a senior... published 11 months ago

9 comments    bank of america wells fargo mlec

60

CROOK ALERT 6--THE FORECLOSURE FACTORY IN THE MORTGAGE SERVICING RACKET

by Ralph Deeds

Harvard Law professor Elizabeth Warren makes the case for credit regulation. http://harvardmagazine.com/2008/05/making-credit-safer.html Mortgage Market Spirals Downward Storm Clouds Over Risky Mortgages... published 2 years ago

10 comments    foreclosures home loans cdos

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Straws in the Wind March 27, 2008

by Ralph Deeds

I don't recall seeing so much bad news in one day's Wall Street Journal as I did this morning. Front page Money & Investing: Bond, Loan markets Remain Wary--Despite Fed's Efforts, Interest-Rate 'Spreads'... published 5 months ago

2 comments    investing foreclosures citigroup

57

Straws in the Wind 11-3-07

by Ralph Deeds

In a special meeting tomorrow (Sunday) Citigroup's board of directors is expected to fire the bank's CEO, Charles O. Prince. Prince will follow Stanley O'Neal Merrill Lynch's CEO who was fired last week in... published 10 months ago

bank of america citigroup mortgage crisis

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