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Remember the Subprime Mortgage Mess? $1.2T in Risky Corporate Debt is Flashing Similar Warning Signs

JPMorgan Chase CEO Jamie Dimon speaking to the Economic Club of New York last week. (Reuters/Carlo Allegri) WASHINGTON (Los Angeles Times/TNS) – Indebted borrowers increasingly take out high-interest, adjustable-rate loans that are packaged into securities and sold to investors eager for a better rate of return. Everything’s fine while […]

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