The Home Equity Theft Reporter: Investments Tied To Subprime Junk May Leave Florida Pension Fund “Holding The Bag”

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The underwriter assumes the risk – if the stock doesn’t sell, the investment bank is left holding the bag. The sales and trading division of an investment bank assists with the buying and selling of equities like stocks, mutual funds, hedge funds and pension funds.

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Foreclosing Bank Announces Building Closure After Being Left Holding The Bag On Aging, Dilapidated, Crime-Ridden Apartments, Forcing Over 100 Poor Families To Scramble For Scarce, Affordable Housing. In New Orleans, Louisiana, The New Orleans Advocate reports

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