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The View from Here . How the Internet Brought My Thesis to Life.

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Saturday, August 30, 2008. Leverage Was Used At Each Stage Of The Mortgage- Chain. Last week, I talked about how the current credit crises evolved. Is it because the borrower wasn t informed about the details of the loan? Obviously, the mortgage lenders wanted to sell as many mortgages as possible because that s how they made money. It s the same in the world of investing. Do independent research, read and carefully parse the fine print and if you can t understand it then yo.