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Resource ID: #23659
Subject: Banks
Source: WFAA-TV (Dallas)
Affiliation: 
Date: 11/30; 12/21; 12/27

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Description

This investigation examined loans made by the US Government to foreign businesses. It found that the US government made nearly a quarter-billion dollars of loans to Mexican businesses without doing any fact-checking. The loans fell into default, which could have been avoided if the government had done basic research. Furthermore, the government also made loans to suspected drug cartel-connected members.

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