Login | Register

223 online

Most Popular Choices

22

General News 5/27/2008 at 6:24 PM EDT

NPR Nails Perps in Subprime Crisis: Leaves Out Media

Quicklink Submitted By Amanda Lang No comments

Amanda Lang

Become a Fan
(9 fans)

NPR had a very good piece this morning detailing how investment banks accepted and passed on mortgage loans that they knew to be bad. According to its report, one investment bank had a contract with New Century, a leading issuer of subprime mortgages, that it would reject no more than 2.5 percent of its loans. Of course, such a contract would be an invitation to submit bad loans.

Read the rest of the story HERE:

At www.prospect.org

Rate It | View Ratings

Amanda Lang Social Media Pages:

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Consumer Affairs Mortgages; Culture Of Corruption; Global Financial Panic 2007; Media Radio; Mortgage Crisis; NPR Online; National Public Radio NPR; Radio; Subprime Mortgages, Add Tags

Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Contact Author

Contact Editor

Author Page

View Authors' Articles

OpEdNews ~~depends upon~~ can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.

To View Comments or Join the Conversation:

Congress Switchboard: 202-224-3121

To remove advertising from OpEd News, please become a premium member.

"There's no dispute that we now live in a hyper-connected, globalized world--but plenty of argument over the type of globalization that's best for our collective future. In this timely work, Rob Kall makes a persuasive case for 'trickle-up' globalization from below and that the truest, best, and most long-lasting fundamental change always comes from the bottom up. Read this book""then act on it!"

Rory O'Connor, award-winning filmmaker and author of Friends, Followers, and the Future: How Social Media are Changing Politics, Threatening Big Brands, and Killing Traditional Media

Art Instruction for People
At All Skill Levels

Top Content
in the Last 2 Days
(by Page Views)

Democratic socialist post-election musings by Tom Gallagher ( With membership, you can see # of pageviews)

Like Bishop Budde, Jesus' Wokeness Infuriated His Neighbors by Mike Rivage-Seul ( With membership, you can see # of pageviews)

Jimmy Carter, Martin Luther King, Donald Trump by Bob Passi ( With membership, you can see # of pageviews)

Ukraine Jew Registration Hoax Smacks of Psyop Campaign by Donn Marten ( With membership, you can see # of pageviews)

An assessment of some Trump actions taken during inauguration speech by Dave Lefcourt ( With membership, you can see # of pageviews)

"US-Lebanon relations held hostage from anti-Hezbollah policy" Interview with Jamal Cheaip by Steven Sahiounie ( With membership, you can see # of pageviews)

The Nazi Salute Has U.S. Origins by David Swanson ( With membership, you can see # of pageviews)

Confessions of a Radio Producer by Martha Rosenberg ( With membership, you can see # of pageviews)

Tomgram: Theoharis and Hartung, Turning the Tide by Tom Engelhardt ( With membership, you can see # of pageviews)

Making It In America Posted by Robert Borosage ( With membership, you can see # of pageviews)

Bannon vs. Musk in MAGA race war by Bob Gaydos ( With membership, you can see # of pageviews)

The Big Question About the UN Security Council's Gaza Ceasefire Resolution by Thomas Knapp ( With membership, you can see # of pageviews)

Trade Wars Unveiled: The Economic Battlefield Where Everyone Lose by Michael Roberts ( With membership, you can see # of pageviews)

Eating Healthy is Do-able / Eating healthily on the fly (plus thoughts on hypoglycemia) by Gary Lindorff ( With membership, you can see # of pageviews)

The choice is ours? Posted by Dr. Mazin Qumsiyeh ( With membership, you can see # of pageviews)

Eating for the gut to build immunity / how the gut, heart and brain synchronize via the vagus nerve by Gary Lindorff ( With membership, you can see # of pageviews)

The Eclipse as Cosmic Muse by Meryl Ann Butler ( With membership, you can see # of pageviews)

The End of Recessions in the United States? by Joel Joseph ( With membership, you can see # of pageviews)

Old story- new twist Posted by Dr. Mazin Qumsiyeh ( With membership, you can see # of pageviews)

Leonard Peltier, Thoughts on Conflict, Maps, and Mercy by Bill Wetzel ( With membership, you can see # of pageviews)

IMAGINING OUR FUTURE: PERILS AND PROMISE Story 1: The Global Brain Is Waking Up by Blair Gelbond ( With membership, you can see # of pageviews)

Will You Be Diagnosed With Mysticism In the New Year? (By Carolyn Baker) by Blair Gelbond ( With membership, you can see # of pageviews)

Wholly employee owned non-profit corporations. by paul tuten ( With membership, you can see # of pageviews)

They lie to us about all of the wars! by John Rachel ( With membership, you can see # of pageviews)

Now By Fire, Next by Quake, then by Apocalyptic Radiation: Will Gavin Newsom's Atomic Folly Kill Us All? by Harvey Wasserman ( With membership, you can see # of pageviews)

Go To Top 50 Most Popular

Ad info: click here

Classics of Liberal Thinking

Progressive Radio Links