HSBC Takes Big Hit From MFS Fraud, The Ceasefire Has No Clothes
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Summary
The rampant mortgage fraud at Market Financial Solutions has taken a $400M chunk out of HSBC this morning in the latest "isolated event." Elsewhere the world just kinda pretending that the ceasefire in Iran is still a thing, even as missiles crisscross the sky above.
Link to my video about Market Financial Solutions.
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