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Subprime Lenders Getting U.S. Subsidies, Report Says

Date: August 26, 2009

Author: Renae Merle

QUOTE: Many of the lenders eligible to receive billions of dollars from the government's massive foreclosure prevention program helped fuel the housing crisis by issuing risky subprime loans...

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Key People:

Key Organizations:

• Bank of America Corporation (B of A)
• Center for Public Integrity
• Countrywide Financial Corporation Incorporated
• Financial Services Roundtable
• JPMorgan Chase & Co.
• Treasury Department/Department of the Treasury
• Washington Post Newspaper
• Wells Fargo & Company

Subject & Geographic Categories:

• Abstract Principles
  • Control / Access / Permission
    • Cooperation / Coordination / Collaboration
  • Information
    • Truth / Honesty / Lying / Cheating
      • Hide/Mislead
        • Disclosure/Conflicts of Interest
          • Disclosure/Conflict of Interest (Organizational)

• Businesses & Organizations
  • Industry-Specific Issues
    • Banking/Lending

• Government & Politics / History
  • Government (General)
    • Government Regulation
      • Business Regulation
    • Government Spending
    • Lobbying
  • Politics (General)
    • Mass Movements / Populism

• North America
  • United States of America/USA

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