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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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December 26, 2008

The Real Estate Adviser: Big story of '08: The mighty have fallen

By Tom Kelly
Special to the Journal

Fannie Mae? Lehman Brothers? Washington Mutual?

A year ago, we discussed how the excessive extension of credit that led to defaults, foreclosures, home prices and more expensive mortgage money was the most talked-about story of 2007.


 
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