Wall Street’s role in housing meltdown probed
February 20, 2008 by admin · Leave a Comment
State, cities go to court and may pave way for private suits . . . Regulators are trying to punish Wall Street for mortgage finance practices that expanded home ownership and spread risk among a host of new players — but also may have duped borrowers and investors who supplied cash to fuel a housing boom that’s turned bust. [to read more]
from Associated Press/MSNBC | updated 18 Feb. 2008
