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How Wall Street Fraudsters Plunder Public Finances

This article does the difficult and important feat of unpacking a financial structure that blew up a lot of municipalities in layperson-friendly terms. It also proposes some sound reform ideas. Circulate to friends and colleagues, particularly in communities that have been on the losing end of bad Wall Street deals.

via How Wall Street Fraudsters Plunder Public Finances, And How to Fight Back « naked capitalism.

 

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