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by joe_momma
2020 days ago
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"research suggests similarities between the lax way that home loans were signed in the run-up to the last crisis and the underwriting of many retail mortgages" https://www.nytimes.com/2020/08/24/business/mall-short-hedge... And those home loans were allowed because Glass-Steagall was removed, is it wrong to think that although short selling has been around it has been exacerbated by the removal of Glass-Stegall into things like people's homes/livelihood and not just stocks? |
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