Day

December 27, 2011

Daunting Denominator

Average Payment per Countrywide Victim:  $1,595 “When you strike at a king, you must kill him.” –Ralph Waldo Emerson Surveying the latest paltry big bank settlement for predatory lending practices that helped pump up the housing market — before causing it to collapse — it seems obvious that Emerson’s famous line about killing kings has a...
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