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Resource ID: #23493
Subject: Financial Investigations
Source: Bloomberg News (New York)
Date: 2007-12-18



"In 2007, the financial world came unhinged. A rise in late mortgage payments triggered hedge fund blowups, massive Wall Street write-offs, ousted CEOs, Congressional hearings, and intervention by central bankers and finance ministers. In a series of exclusive and prescient stories, Bloomberg exposed the ties that connected unregulated mortgage brokers, fee-hungry Wall Street banks, conflicted credit rating companies, and the managers of money market funds and public pension plans."

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