HAVE US subprime loan-holders been [...].
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| Title: | HAVE US subprime loan-holders been [...]. |
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| Source: | Evening Standard. 4/26/2010, p37. 1p. |
| Abstract: | HAVE US subprime loan-holders been dazzled by Goldman's PR machine? The Wall Street Journal went to talk to Mr. Booket, a 44-year-old heating repairman who owed $300,000 on his threebedroom home and was selected to be part of the pool of mortgages grouped together in the Goldman/ Paulson CDO. When Booket was hit by a car, he couldn't work and his lender forelclosed, helping hedge fund boss John Paulson rake it in. But asked what he thought of Paulson, Booket, who is soon to be homeless, said: "The man came up with a scheme to get rich, and he did it. So more power to him." [ABSTRACT FROM PUBLISHER] |
| Database: | Newspaper Source Plus |
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| Abstract: | HAVE US subprime loan-holders been dazzled by Goldman's PR machine? The Wall Street Journal went to talk to Mr. Booket, a 44-year-old heating repairman who owed $300,000 on his threebedroom home and was selected to be part of the pool of mortgages grouped together in the Goldman/ Paulson CDO. When Booket was hit by a car, he couldn't work and his lender forelclosed, helping hedge fund boss John Paulson rake it in. But asked what he thought of Paulson, Booket, who is soon to be homeless, said: "The man came up with a scheme to get rich, and he did it. So more power to him." [ABSTRACT FROM PUBLISHER] |
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| ISSN: | 14725223 |
