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It’s déjà vu for investment bankers

By   /  Friday, January 8th, 2016  /  Latest news, Op/Eds  /  Comments Off on It’s déjà vu for investment bankers

We’ve been there before. The movie “The Big Short” explains how and why the financial services industry helped to bring down our economy during 2007-08. Banks took home mortgage loans that were made based on shaky credit and pooled them into a basket of mortgage-backed securities (MBS) that were backed by the homes. These were Read More →

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