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Citigroup Whistle-Blower Says Bank’s ‘Brute Force’ Hid Bad Loans From U.S. – Bloomberg
 Bloomberg |
Citigroup Whistle-Blower Says Bank's 'Brute Force' Hid Bad Loans From U.S.
Bloomberg Four years after rotten mortgages helped trigger a global financial crisis, Sherry Hunt said her Citigroup Inc. quality-control team was still finding flaws in new loans that included altered tax forms, straw buyers and borrowers who listed fictitious … Citis sleazy loans |
Toxic? Says Who? Taste For ‘Subprime’ Returns – Wall Street Journal
 Bloomberg |
Toxic? Says Who? Taste For 'Subprime' Returns
Wall Street Journal Prices of some distressed bonds backed by subprime home loans—those issued before the crisis to borrowers with sketchy credit histories—have chalked up double-digit percentage gains this year, with one prominent market index rising 14%. Why Toxic Debt Looks a Lot Less Toxic Big Short Becomes Big Long as Bass Joins Reverse Subprime Wager: Mortgages |
Poor Credit Home Loans – Some Valuable Facts!
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social justice economics poverty arms race
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