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Paul B. Farrell: 12 Dr. Dooms shred 2010 investing optimism

0 Comments Published January 6th, 2010 in News.

So to all you optimists who plan to actively invest in 2010 because you accept that America’s “capitalism-without-morals” is working in spite of Wall Street’s quasi-criminal behavior: Here’s some dark-side input to factor into your investment equation for 2010 and beyond.

Find more subprime information from Google

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« Hedge Funds: Passport Capital’s gold experiment
Darrell Delamaide’s Political Capital: Mission accomplished? Geithner’s fuzzy logic »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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