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Channel: Charles Calomiris
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Data Show Federal Policy Triggered Mortgage Meltdown

Despite mortgage interest rates falling to near all-time lows, America's homeowners are in a state of unease not seen since the Great Depression. In 2009, nearly 4 million foreclosure notices went out...

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Will Puerto Rican Bonds Trigger a Mainland Bailout?

Financial bailouts have become a fact of American life. Yet the biggest bailout of all may be in an unexpected place. Welcome to the island of Puerto Rico, home of photogenic beaches, lush forests,...

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