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 Issue of March 24, 2008 
   

Frank, Coakley Put Spotlight On Non-Regulated Companies

U.S Rep. Barney Frank, D-Mass., speaks at an event hosted last week by the Service Employees International Union, Massachusetts Public Interest Research Group and United for a Fair Economy. Frank said non-regulated mortgage companies are responsible for the subprime mortgage lending fallout that has led to much consumer distress.
By Amy Wyeth
America’s big banks are “bad for us and bad for our communities,” according to the Service Employees International Union.

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