How Bad Will the Next Recession Be?
Group: mn.politics · Group Profile · Search for sallie mae in mn.politics
Author: Zaroc Stone
Date: Oct 28, 2007 07:57
... called CDOs (collateralized debt obligations). Those labyrinthine Ponzi schemes allowed hedge fund managers and private equity groups to not only buy out big names like Sallie Mae, Hilton, Chrysler and more, but also skim huge percentages off the top for themselves, their wives, mistresses and mansions. And here we are, after...
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