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September 10, 2008

Subprime Spam Du Jour: Faith-Based Warnings

From my inbox, the subprime spam du jour:

FAITH-BASED EARLY WARNING SYSTEM FOR INVESTORS:  “PROPHETIC” RELIGIOUS GROUPS SOUNDED SUBPRIME LOAN ALARM 15 YEARS AGO

Gosh, it turns out there were two faith-based early warning systems in debt markets. The credit rating agencies, and the preceding. Who knew?

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