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Shaky housing market about to get even shakier

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Investments / The Ticker

Andy Beal targets big banks over faulty RMBS

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In 2002 billionaire banker Andy Beal ()

()

Now Beal has found another seemingly impossible mountain to climb: getting big banks like Bank of America (BAC)Citigroup (C), Goldman Sachs (GS) and JPMorgan Chase (JPM), to repurchase potentially faulty loans that were sold during the housing boom.

Source: Forbes
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