Sunday, September 28, 2008

Your scorecard for understanding mortgage scandal

Find out who's who in the 'Rogues Gallery' of economic crisis

As Congress works on a $700 billion bailout plan for the U.S. financial system, the FBI has extended fraud investigations to 26 companies involved in mortgage lending. Authorities are attempting to determine whether any of the firms have participated in accounting fraud, insider trading or inflating values of mortgage-related assets. The FBI has not disclosed a list of companies under investigation, but the following are just a few firms in distress and executives under scrutiny. ....

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