Poor American Executives; Their Companies lose Billions of Dollars, they take home hundreds of millions paid for by Shareholders and Consumers
6 11 2007
During the last few weeks, the news of major financial groups losing tens of billions of dollars as a result of loses in what is called “sub-prime lending” all over the place and forms major headlines. Major financial groups lost billions in an effort to fleece the very poor targeting this segment of consumers with predatory lending practices.
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