This is an example of a moral hazard our ponzi financial system has created. Savers and investors are destroyed by zero interest rate policy (or negative interest rate policy), while welchers are enabled.
http://www.nytimes.com/2015/03/30/business/foreclosure-to-home-free-as-5-year-clock-expires.html?partner=socialflow&smid=tw-nytimesbusiness&_r=0
Monday, March 30, 2015
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