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“Liar Loans” Now Being Pushed By Large U.S. Asset Managers Says Punchline

Liar Loans …. Remember the “liar loan” programs that were so famously a part of the 2008 financial crisis? They’re coming back, thanks to a lobbying effort by major hedge funds, according to TPL Advisory Punchline market report. Liar Loans Large asset managers want liar loans yield Under the headline “Remember ‘Liar Loans’? Wall Street Pushes…