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Tuesday, September 6, 2011

EU EURO COUNTRIES: Banks Took $6B in Reinsurance Kickbacks, Investiga...

EU EURO COUNTRIES: Banks Took $6B in Reinsurance Kickbacks, Investiga...: Banks Took $6B in Reinsurance Kickbacks, Investigators Say - American Banker Article
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1 comment:

  1. RAYLOKESeptember 6, 2011 at 7:12 PM

    THE DEPTH of corruption is really beyond ASTOUNDING ABUNDANCE, REALLY. ...In exchange for the their business, companies such as Citigroup Inc, Wells Fargo & Co, SunTrust Banks Inc. and Countrywide allegedly required reinsurance partnerships on generous terms that violated the Real Estate Settlement Procedures Act, a 1974 law prohibiting abusive home sales practices.

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