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2008-12-16 — ml-implode.com
The nation’s small businesses own ninety-three percent of all “toxic†mortgages and are at risk of defaulting on their loans/payments. The data, released today by the National Association for the Self-Employed (NASE) in coordination with Prof. Samuel D. Bornstein and Jung I. Song, CPA of Bornstein & Song, CPAs and Consultants, shows that these “toxic†loans did not go to subprime borrowers.
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