“Moral hazard” and the mortgage mess – Piggington's Econo-Almanac

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May 7, 2007 at 7:11 AM #9007

Critter
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From Bankrate.com, an interesting take on how immoral mortgage lenders REALLY are:

http://www.bankrate.com/dls/news/mortgages/20070418_subprime_mortgage_morality_a1.asp

Note that they are against a gov’t bailout at the end of the article!
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