Posts Tagged ‘wall street’

Saxon Mortgage parent Morgan Stanley has seen fit to give the company chairman a 150 percent pay raise. Meanwhile Saxon Mortgage can’t even endorse and return my insurance check in a timely manner. Here is why they think Mack is worth the money:

Morgan Stanley, owner of Saxon Mortgage, and other Wall Street firms agreed to pay $100 million to settle a lawsuit accusing them of propping up American Business Financial Services Inc.

This is a quote from an article about the American Dream. The complete article is referenced below:

Susan Thompson, owner of a tidy home in Gary’s Glen Park neighborhood, went hunting for a home equity mortgage to pay off medical and credit card bills in 2006.

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