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Tag Archives: subprime

How Wall Street Fleeced the World

Like some malefactor being grilled by Mike Wallace in his 60 Minutes prime, Glenn Hubbard, dean of Columbia Business School, gets hot under the third-degree light of Charles Ferguson’s questioning in Inside Job. Hubbard, who helped design George W.

Posted byadminMay 24, 2011Posted inDaily NewsTags: business, degree, dividends, economics, ferguson, investment, mishkin, reserve, stammering, subprime, wallace

Forestalling Foreclosure

If you think subprime lenders are the loan sharks of real estate, then loan servicers–the outfits that collect mortgage money and run the books–are the enforcers. Their job is to keep the dough coming, no matter what.

Posted byadminApril 15, 2011Posted inDaily NewsTags: beach, delinquent, economic, enforcers, lenders, loan, loans, mortgage, palm, popularity, private, subprime, target, west
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