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Tag: Subprime Mortgage Crisis

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  • With economy faltering, nonprofits brace for recession

    By Jacob Berkman

    April 3, 2008 | 6:00 pm

    Americans continue to default on their mortgages in numbers not seen since the Great Depression. Banks continue to become more reticent about lending money. The stock market continues a herky-jerky tumble downhill.

    The finance industry is still roiling from last month's stunning...