1. What were the warning flags at the investment banking firms? 2. What were the warning flags...

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1. What were the warning flags at the investment banking firms? 

2. What were the warning flags at the mortgage marketing firms?

3. What, if any, should be the penalties to the senior executives?


Countrywide Financial and Washington Mutual – were taking so many actions that were so clearly the wrong, unjust and non-fair things to do, and apparently doing so with so much glee and enthusiasm. 

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