Wall Street Loves These Three Letters. Main Street Should Be Wary.

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  • Wall Street Loves These Three Letters. Main Street Should Be Wary.
    Wall Street Loves These Three Letters. Main Street Should Be Wary.

    A financial assembly line that went haywire a decade ago and contributed to an economic crisis is gearing up again on Wall Street. Back then, one of the products the banks churned out — bondlike investments based on thousands of mortgages — proved far riskier than most had understood […]

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