Wall Street is worked up over the sudden bankruptcy of Southern Pacific Funding Corp., a subprime lender that writes mortgages for people with poor credit histories.
Credit terms tighten and stocks of subprime lenders tumble as investors worry about popular but risky mortgage practices, such as lending 125 percent of the value of homes. [Read more...]
![]() |
The Student Loan Scam: The Most Oppressive Debt in U.S. History and How We Can Fight BackThe Student Loan Scam is an exposé of the predatory nature of the $85-billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history…. Price: 20.00 |








