If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Huffington Post - Citigroup Dividend Payments Still Ongoing
Housing Wire - PMI Looks to Raise Capital, Faces Liquidity Issues
Huffington Post - Chuck Grassley: AIG “Sucking The Tit Of The Taxpayer” (VIDEO)
Infectious Greed - AIG Wholly Owned by U.S. (Sort of)
Housing Wire - NAMB Goes on [...]
The rising tide of foreclosures has been stopped, at least temporarily. On Friday, Fannie Mae, Freddie Mac, CitiGroup and JPMorgan Chase all announced a moratorium on foreclosures until early March when the U.S. Treasury Department and the Obama Administration are expected to launch a national foreclosure prevention and loan modification program.
Fannie Mae had previously suspended [...]
HuffPo has an interesting piece that quotes a famous New York madam as accepting corporate credit cards to pay for the proclivities of johns from the banking industry. No doubt some of these are our nation’s finest from Bear Stearns, JP Morgan, Citi, Lehman, and the other Wall Street banks currently holding billions of dollars [...]
Inquisitor: Spend Taxpayer Dollars With The Bailout Game - New online Bailout Game! Play HERE.
Calculated Risk: Regional Banks: Marshall & Ilsley Posts Large Loss - More trouble for regional banks.
Naked Capitalism: Mother-In-Law Research & JP Morgan - Chase may not be as desperate as it appears.
Cassandra Does Tokyo: Ethics Exam - Ethical Assessment Examination for Financial Professionals.
In the grips of a brutal financial crisis that continues to worsen despite all efforts by the governments across the world to stop it, and foreclosures continuing their unstoppable climb, there’s no question that things are pretty bad out there. Banks, in particular, have been given no reprieve at all by shareholders even as they [...]
A guest post by Chris Hynes, an indpenedent financial writer.
Now that election season for the presidential candidates has officially concluded, voters will be looking forward to some sort of meaningful resolution to the issues facing our economy, particularly in the housing sector. In the final weeks of the campaign, both candidates have called for relief [...]
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-mattersand his adventures in self employment.
In the midst of the widening housing crisis, there?s been quite a lot of criticism from voters aimed at the recent efforts by [...]
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
If you believe in the United States of America then you will believe in: JPMorgan Chase (which includes Bear Stearns and Washington Mutual); Bank of America (which includes Merrill Lynch); Wells Fargo (which includes Wachovia); Citigroup; Bank of [...]