Why Accounting Firms and Investment Bankers Should Be Sued

“Instead of no transactions there were hundreds of them for each loan that were hidden from the only true parties in interest — the investors who put up the cash buying bogus mortgage certificates and borrowers who put up their homes and in the process became the unwitting issues of unregulated securities in which the borrowers’ names, signatures, reputations and lives were traded on the open market.”

Source: Why Accounting Firms and Investment Bankers Should Be Sued

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