Two Bear Stearns hedge fund managers arrested

It looks like we have our Kenneth Lay and Jeffrey Skilling for the subprime mortgage crisis.

And then, perhaps closer to home, there is this.

In a separate move today, the U.S. government said more than 400 people were charged in a federal mortgage-fraud sweep called “Operation Malicious Mortgage.”

June 19, 2008 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

Visit Authors Website →