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What really went on in the mortgage industry?

November 17, 2008 — 2:36pm ET | By Jim Kim
Business Week offers an arresting article on so-called "mortgage wholesalers," whose job was to buy up loan applications from mortgage brokers on behalf of big lenders. The competition got so intense... Read more...

Tough situation getting worse for Lehman Brothers

July 15, 2008 — 1:34pm ET | By Jim Kim
The conventional wisdom is that Lehman Brothers will not implode the way Bear Stearns did, thanks mainly to its access to the Fed credit facility. But as one Lehman... Read more...