1.Click anywhere in the box below & press Control A to select all.From the New York Times…
Take a look at this:
…bankruptcy judges are finding that institutions claiming to hold the notes that back specific mortgages often cannot prove it.
Click here for the rest of the story:
http://www.nytimes.com/2009/03/01/business/01gret.html
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One Comment
First, loose lending. Second, lazy bookkeeping. It’s no wonder why so many of these institutions need to be bailed out.
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