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These Harvard business gurus will ruin us all »

Posted By _kam0_ 3 months ago in Business & Finance
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How can you take a mortgage, sell it in ten pieces and then keep on selling it and borrowing against it? How can it make sense to lend to people who don't even have a payslip? These are not difficult questions. Yet none of the geniuses who run the financial universe seems to have asked them before the credit crunch hit us all.

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