Tag: Our Current Economic Situation
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collapse
OMFG: Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart. Having reaped big gains during both of those turns, Greg Lippmann, a former star trader at Deutsche Bank, is now catching the next upswing: buying the same securities built from mortgages that he bet against before the Read.
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douchebags
In yesterday’s issue of The New York Times we met Alex Pemberton and Susan Reboyras, a happy couple who uncomplicated their lives by the simple act of deciding not to pay their mortgage any longer: For Alex Pemberton and Susan Reboyras, foreclosure is becoming a way of life – something they did not want but Read.
This Is Drivel 