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AIG dumped $74 Billion in Subprime, CDOs on Fed

Posted by MoneyRates 211 days ago (about://)
Category: Economy | Tags: aig cdo fed subprime
The Federal Reserve took on more than $74 billion in subprime mortgages, depreciating commercial leases and other assets after Bear Stearns Cos. and [...] read more »
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Life Inside a Wall Street Chop Shop

Posted by irishkev 367 days ago (http://cryptogon.com)
Category: Real Estate | Tags: cdo mortgages subprime
A large Wall Street firm used front companies to generate impossible-to-repay loans which it then packaged into CDOs and sold off. read more »
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