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How the Subprime Lending Meltdown Happened
submitted by thanh123
The following is a guest post from Marotta Asset Management. The subprime mortgage meltdown has cost the world 15% of its market capitalization, about $9 trillion. The primary culprit who caused all of this financial loss, pain and suffering is not the mortgage companies. Neither is it the overextended borrowers. It is our own federal regulations interfering with the free market. For over hal
 
Topic: Money


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