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Loan Modification

: Mortgage Lender Implode-o-Meter

Rigged-Market Theory Scores a Perfect Quarter

By Implode-Explode Heavy Industries

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The intrigue is high. If a too-big-to-fail bank?s traders were able to make money every day of a quarter, were they really trading in any normal sense of the word? Or would vacuuming be a more accurate term? What kinds of risks do such incredible profits entail, for the banks and the rest of us taxpayers? And are results such as these too good to be true?

Full post as published by Mortgage Lender Implode-o-Meter on May 14, 2010 (boomark / email).

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