Selling New Century-backed mortgages that late in the game, as cognoscenti should well know, is a serious problem, and a good get from McClatchy.

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Dean Starkman Dean Starkman runs The Audit, CJR's business section, and is the author of The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism (Columbia University Press, January 2014). Follow Dean on Twitter: @deanstarkman.