Morning Roundup: Main Street's Evil Short-Sellers

Borrowers are refinancing their mortgages in droves to take advantage of record low interest rates. This is a welcome distraction for the major banks, who are under national investigation for cramming mountains of phony foreclosure paperwork through the judicial system. [Bloomberg]By the end of this year, the Securities and Exchange Commission hopes to have a comprehensive catalog of tipoffs and complaints that uses computers instead of, say, Post-It Notes. [WSJ]The Group of 20 economically...

Source: http://www.observer.com/2010/wall-street/morning-roundup-main-streets-evil-short-sellers?utm_medium=partial-text&utm_campaign=home

ED MARKEY ED RENDELL EDITION NEWS EDUCATION