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In Some Cases of Elder Abuse, Banks Facilitated Financial Exploitation
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What’s God Got to Do with the American Experiment?

What’s God Got to Do with the American Experiment?

E.J. Dionne Jr. and John J. DiIulio Jr.
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Tag: Mortgage Backed Securities


When Predatory Equity Hit the Big Apple

Private equity firms are partnering with big banks to bundle mortgages on more than 200,000 rental homes across the country bought up in the foreclosure crisis into a new financial product known as “rental-backed securities.” New York City has been a private equity playground for the last decade, and the result, unsurprisingly, has been a disaster for tenants and the market alike.

Posted on Apr 8, 2014 READ MORE


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California May Be Able to Sue ‘Deceptive’ Standard & Poor’s

A California judge has tentatively ruled that the state could hold the major financial research company accountable for pinning triple-A ratings on state-bought mortgage-backed securities that went bust in the crash of 2008.

Posted on Mar 23, 2014 READ MORE



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Investors Seek Treasury Port in a Storm

U.S. stocks sank almost 6 percent Monday, as investors disposed of risky assets and bought low-yielding but more secure Treasury bills and bonds, despite Standard & Poor’s recent downgrade of the U.S. government credit rating. (more)

Posted on Aug 8, 2011 READ MORE


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