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...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Competitors that provide this type of finance — banks, life insurance companies and other institutional investors — say the taxpayer’s backing allows Fannie and Freddie to offer borrowers better terms than...
...The total value of the insurance written on Caesars exceeds the amount of debt at the operating company by about $10bn....
..., published by Times Books, an imprint of Henry Holt and Company LLC....
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