If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!We live in the age of information. That is good and it is bad. It is good because you can get information from a great variety of sources and have the choice of seeing the world from a number [...]
Huffington Post - The Obama Economic Team’s Flawed Cosmology: Still Believing the Universe Revolves Around the Banks
Whistle Blower - Ameridream and Nehemiah Lobbied to Stop 100% Financing
Mortgage Insider - Irvine loan-aid company targeted in government crackdown
Deal Journal - The History of Mike Mayo Bank Downgrades
The FHA Mortgage Whistle Blower - Ameridream and Nehemiah Lobbied to Stop 100% Financing
Huffington Post - Time for a Grand Inquest on the Financial Crisis
Financial Times - ‘Tarp cop’ launches probes into bail-out fraud
Deal Journal - Evening Reading: Absolute Power at the Treasury?
Calculated Risk - Tiered House Price Indices
Housing Wire - Insured Mortgage Defaults Up 47 Percent: Report
Huffington Post - TARP Oversight Panel Says It’s Been Ignored By Geithner And Paulson
Mortgage Insider - Mortgage giant requests $30.9 billion in aid
Huffington Post - Eric Holder, State And Federal Prosecutors, Preparing For Surge Of Financial Fraud Cases
Calculated Risk - FDIC Collected Few Insurance Fees for a Decade
Huffington Post - How Dumb Does Alan Greenspan Think We Are? Very
ML-Implode - BREAKING [...]
“It” is shortages of critical commodities, a worrisome example of which is the raw materials used to prepare pharmaceutical drugs. Last week a Wegmans pharmacy in upstate New York ran out of OxyContin® and several other prescription medicines. Customers were told that Wegmans’ supplier did not have the ingredients to make several medicines and did [...]
The Big Picture - Property Owners Lost $3.3 Trillion in 2009
Irvine Housing Blog - Liar’s Poker
The Big Picture - The Rise And Fall Of WaMu
The New Republic - Foreclosing The Crisis
A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
There’s no question that the economy, both domestically and globally speaking, is in pretty bad shape. Businesses are failing, jobs are [...]
Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
Now here?s a lagging indicator for you: at least a year after the fact, the recession is now known to have began in December 2007. A depression comes next, but since there has been only one in [...]
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Some of my best friends wear tinfoil hats. These days, though, no sooner has a good conspiracy theory made the rounds, but it?s proven to be fact. This past weekend there were outrageous rumors that Argentina would confiscate [...]