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So it’s evidenced by the fact that guys from Clinton Bush administrations were always permited to purchase failed banks with got money guaranteed to create massive returns by the US Government. The payday for running a Administration is practically in administrations aftermath failure to the US citizens. REO and subtracting this sale price from note face value creates an absolute loss and probably was paid by the FDIC or some other government or CDS insurance loss subsidy. These same bankers could’ve chosen another route. Lets people keep their homes and pay more affordable mortgages and… Read Article →
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