The factor that I’m hoping will keep Congress from enacting a "Sarbanes Oxley of mortgage lending" is the fact that, in the current subprime mess, there really isn’t a single villain to blame. There’s no Ken Lay, no Dennis Kozlowski, no Bernie Ebbers. According to Fortune, the blame is spread around pretty evenly among a number of faceless populations and institutions -- borrowers[...]
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[Source: The Money Blogs]
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