If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!“Crunch, The Game For Utter Bankers” is a card game for anyone with a distinctly gallows sense of humor:
[It] allows you to experience the upside of down. Placed in the role of a global banking CEO, you have to [...]
Increased regulatory action at the end of 2008 has not added to the overall number of mortgage litigation cases winding their way through the American judicial system, according to a report just released by MortgageDaily.com in conjunction with the law firm of Weiner Brodsky Sidman Kider PC.
According to the Fourth Quarter 2008 Mortgage Litigation [...]
As much as I enjoyed Rick Santelli’s rant about the Obama administration’s homeowner bailout; Jon Stewart takes the cake with this pointed (and hilarious) retort which basically ruins the network for its well-known perma-bull bull#$%@.
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The Daily Show With Jon StewartM – Th 11p / 10c
CNBC Gives Financial Advice
If you found the idea of billions of dollars being funneled out of your paychecks and in to banks with little accountability or oversight (see: TARP) was bad, wait till you see what they’ve been used for. Since receiving billions of dollars from taxpayers the largest banks in the country (see: TARP recipients) have spent [...]
The military in Iraq wasn’t the only thing surging in 2008. Mortgage fraud also reached a new high last year, according to the FraudBlogger Index. Federal investigators have identified an increase in frauds and schemes in the real estate business as well.
Mortgage fraud activity that might have otherwise gone undetected was uncovered as falling home [...]
This series has looked at a variety of potential scapegoats for the current financial crisis. None could be blamed entirely for the situation in which we find ourselves, the argument could be made that each agency or program bore some responsibility. The same argument could be made for the common man and his instincts [...]
by Constantine von HoffmanFebruary 5, 2009
Bailout
Yesterday Goldman announced it wants to pay back the $10 billion it got in TARP funds — WITHIN THE YEAR.
Yesterday President Obama announced a limit on CEO pay for execs at places that get government bailout money.
Coincidence? If so, then Goldman is guilty of having some of the stupidest PR people in the world. This [...]
In the first of a series of articles, which could easily become the-rest-of-my-life?s work, I will be examining high-profile lawsuits and indictments, such as?what?s happening with the federal lawsuit against Robert Rubin for insider trading?and others.
On December 4, 2008, the New York Post reported: “A new Citigroup scandal is engulfing Robert Rubin and his [...]
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