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Blind Eye Or Broken Crystal Ball?
Since the subprime mortgage troubles exploded into a full-blown financial crisis last year, the three top credit-rating agencies - Moody's, Standard & Poor's and Fitch Ratings - have faced a firestorm of criticism about whether their rosy ratings of mortgage securities generated billions of dollars in losses to investors who relied on them. ...more
December 20, 2008
Owners Go Bankrupt To Keep Home
Today, Jane and Enrico Parsons prepare to sit at a table in their attorney's office and sign a document that could keep their lives from crumbling. ...more
November 13, 2007
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