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Stories by Lagan Sebert

We're Still Not Safe From the Back-Alley Dealings That Lead to Our Economic Meltdown

According to Gary Gensler, the top regulator of the commodities markets, Americans are still "vulnerable" to privately negotiated derivatives.
Posted on Oct 8, 2009, Source: The Huffington Post Investigative Fund

Online Payday Loan Industry Wants to Keep Charging Obscene Interest Rates

More people than ever are using payday loans to keep bill collectors at bay, paying annual rates as high as 700%.
Posted on Jun 5, 2009, Source: Huffington Post, American News Project

Getting Real About the Banks' 'Toxic Assets': People Live in Them

"Toxic assets" are actually mortgages and, by extension, houses and the people who are struggling to live in them.
Posted on Apr 16, 2009, Source: American News Project

Bank Eat Bank: Bailout Encourages Mergers, and Paulson Decides who Lives and Who Dies

With newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones.
Posted on Nov 24, 2008, Source: American News Project