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: Banking Law Prof Blog

Another Gripe: ?Toxic Assets? and ?Legacy Loans?

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Why don?t we just call these balance sheet items what they are: ?Mortgage loans and Mortgage-related securities that have lost value? and ?Delinquent mortgage loans?? The catchy phrases we have substituted obscure the true nature of what we are dealing...

Full post as published by Banking Law Prof Blog on May 22, 2009 (boomark / email).

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