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On AlterNet: mark-to-market

Stories, blog posts, and videos tagged as "mark-to-market"

Congress Pushing Covert Bailout to Save Big Finance and Screw Homeowners

Congress Pushing Covert Bailout to Save Big Finance and Screw Homeowners

Zach Carter, AlterNet. April 9, 2009.
Big Finance has persuaded Congress to allow banks to magically erase big losses on absurd mortgages with the stroke of a pen.