Monday, 18 May 2020

Whistleblower: Wall Street Has Engaged in Widespread Manipulation of Mortgage Funds

This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Among the toxic contributors to the financial crisis of 2008, few caused as much havoc as mortgages with dodgy numbers and inflated values. Huge quantities of them were assembled into securities that crashed and burned, damaging homeowners and investors alike. Afterward, reforms were promised. Never



source https://therealdeal.com/2020/05/18/whistleblower-wall-street-has-engaged-in-widespread-manipulation-of-mortgage-funds/

No comments:

Post a Comment