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Americas Watchdog Warns Pension Funds, Investors and Pension Fund Advisers Its Time to Find Out if Your Mortgage Backed Security Portfolio is a Ticking Time Bomb
Americas Watchdog's has been warning about the collapse of the US real estate market & the dire consequences that would be faced by pension funds & investors, since early 2005. This all begs the question where was the integrity on the part of banks or investment bankers when selling the garbage mortgage backed security, and where was the due diligence on the part of the banks & investment bankers who sold mortgage backed security portfolios? Americas Watchdog says there was no due diligence; just greed. As a result Americas Watchdog is offering pension funds or MBS investors an audit that will define potential for failure for the portfolio, and show the investor/pension fund where they were sold a bill of goods by the bank or investment banker. (PRWeb Mar 5, 2008) Read the full story at http://ww1.prweb.com/releases/2008/03/prweb738884.htm