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OK let me reel in my once more. Payday for running a Administration has been practically in the administrations aftermath failure to US citizens. Accidentally the banks got caught up in their own executives/controlling shareholders ‘hyper greed’. Nevertheless, these same bankers could’ve chosen another route. They have used their amazing Washington DC lobby over last 2 decades to get to the place where Chairmen of Investment Banking companies now run the Treasury and ministerial Reserve. REO and subtracting this sale price from note face value creates an absolute loss and has probably been paid by… Read Article →

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