Posts tagged 'Countrywide'
May 18, 2009
30 view(s)
I don't usually agree with AlterNet, which is generally a left-leaning (to say the least) site, but The Center for Public Integrity has a well-reasoned piece on "The Bad Guys of Subprime Lending Are Raking in Bailout Billions."
The article details the woeful and sordid spectacle of non-banks (for the most part) dishing out $1.4 trillion in subprime (paradoxically, actually meaning higher than...