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Two years ago, when a few commercial banks in China began accepting intellectual property rights (IPRs) as collateral for loans for small- and medium-sized enterprises (SMEs), many thought it might be too risky. - Mortgage securities brought on chaos (Lexington Herald-Leader)
NEW YORK . When you sit at your kitchen table and write your monthly mortgage check, your signature may be the first stop on a journey that takes your money to the other side of the world. Chances are, your bank has resold your mortgage and the Chinese government, a teachers' pension fund in Holland, even one of your own mutual funds could own a slice of it. Thousands of investors could ... - Women face uphill struggle - Carteret County News
Wall Street tycoons behave irresponsibly, bring the country to its financial brink, hold out their hands for an 11-figure bailout – and lobbyists applaud that as a rescue. Women achieve daily miracles fulfilling responsibilities to their employers ...