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Subprime mortgage 'rip-off' has legitimate roots
While mortgage brokers defend yield-spread premiums as a way to allow more people to buy homes, critics say they've gone way beyond that role. "It's a classic example of how they use a legitimate thing to rip people off," Seattle bankruptcy lawyer Melissa Huelsman said. |
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Bailout with a price: Chapter 11 bankruptcy
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WASHINGTON -- Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy. |
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Farmers caught up in ethanol shakeout
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America's corn farmers, who have become closely tied to the nation's biofuel production, are getting caught up in some of industry's recent fallout. |
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