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Wall Street firms, which have spent more than $93 billion dealing with lawsuits and fines for allegedly misleading investors about mortgage backed products before the 2008 credit crisis, once again find themselves selling debt that’s poised to lose value.

Photographer: Scott Eells/Bloomberg

Wall Street firms, which have spent more than $93 billion dealing with lawsuits and fines for allegedly misleading investors about mortgage backed products before the 2008 credit crisis, once again find themselves selling debt that’s poised to lose value.
February 27, 2013
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Wall Street Junk Kings Selling Debt Poised to Lose Value
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