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Credit Crisis Traps NYT Economics Scribe

By Kevin Spak, Newser Staff

Posted May 16, 2009 6:55 PM CDT

(Newser) – New York Times economics reporter Edmund Andrews was smart enough to avoid a financial disaster like the mortgage crisis. But “I had two utterly compelling reasons for taking the plunge,” he writes: “The money was there and I was in love.”... Read full story »

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Credit Crisis Traps NYT Economics Scribe

New York Times • subprime mortgages • mortgage • mortgage defaults • mortgage delinquency • financial crisis

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More Newser Stories

Ex-Banker: Yeah, Collapse Was Our Fault

So why haven't homeowners been bailed out?

Bernanke Plugs More Help for US Homeowners

Fed chief outlines ideas for public, private sector to slow foreclosures

Top Subprime Lenders Owned by Bailout Banks

Analysis of gov't data reveals sources of the economic meltdown

Mortgage Plan Relies on Incentives, Lacks Muscle

Proposal does does little to address securitized mortgages

At-Risk Owners Pay Big Bucks to Mortgage Modifiers

Some take advantage of patchwork laws, charge for services non-profits offer for free

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