“That’s right. Issuers are essentially paying twice for flawed deals that bestowed great riches on the bankers and advisers who sold them. Taxpayers should be outraged, but to be angry you have to be informed — and few taxpayers may even know that the complicated arrangements exist.” Editor’s Note: At some point, it will become […]

Tags: apraisal, credit default swaps, fiduciary duty, fraud, Gretchen Morgenstern, insurance, investment bankers, Jefferson County, local government, Ny Times, property, title
Posted in bubble, Corruption, Eviction, securities fraud |