Saturday, January 4, 2025
Homeloans'Ringing alarms': Wall Street said to be making 'risky loans' that could...

‘Ringing alarms’: Wall Street said to be making ‘risky loans’ that could hurt economy

It has been 16 years since the Wall Street crash in 2007-2008. Now, Wall Street is reportedly risking everything once again.
The New York Times reported Friday that billionaire investor Doug Ostrover has devised a new strategy for being the cash cow for risky loans that wouldn’t normally pass muster in traditional banks.

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