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On the Trail of Mortgage Fraud

Posted by mortgage 128 days ago (Editorial)
President Obama should form a task force to investigate and pursue potential civil and criminal wrongdoing by institutions and people whose conduct had the greatest economic impact.
Pointing fingers of blame can be unseemly and unproductive. Following the sheer magnitude of the financial crisis ignited by J.P. Morgan's creation of a new kind of investment product credit derivatives in the early 1990s, Financial Times journalist Gillian Tett's narrative Fool's Gold is a welcome and engaging read.

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