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Loan Modification

: Mortgage Lender Implode-o-Meter

Banks Shared Clients? Profits, but Not Losses

By Implode-Explode Heavy Industries

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" Today?s giant banks not only create and sell investment products, but also bet on those products, and sometimes against them, putting the banks? interests at odds with those of their customers. The banks and their lobbyists also help fashion financial rules and regulations. And banks? traders know what their customers are buying and selling, giving them a valuable edge."

Full post as published by Mortgage Lender Implode-o-Meter on October 18, 2010 (boomark / email).

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