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February 12, 2013
War on Wall Street firms
Posted by Staff
Politico reports:

A year ago, in his State of the Union address, President Barack Obama promised to sic a task force of prosecutors on Wall Street firms, offering up some election-year red meat by targeting the bad guys who bundled toxic mortgages and sold them as solid investments during the financial crisis.

But as Obama prepares to address the nation again, on Tuesday night, his Residential Mortgage-Backed Securities Working Group has more words in its name than wins in court.
02/12/13 11:00 AM
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