World-News

Dina ElBoghdady, The Washington Post: "Many of the banks receiving billions of dollars in federal aid owned or bankrolled subprime lenders that directly contributed to the unraveling of the global economy, according to a new report. While many of these banks have portrayed themselves as unwitting victims of the subprime mortgage meltdown, they also enabled that kind of lending because it was lucrative, according to the nonprofit Center for Public Integrity."

http://www.truthout.org/050709M?n



http://freepage.twoday.net/search?q=subprime+lender
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Center+for+Public+Integrity