Tuesday 16th April
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Bringing UP the Rear – Fannie Mae’s President and CEO, Michael J. Williams
Written on 1 Jul, 2011 at 3:20
And I’ll never be able to prove this, but I’m al most positive that I could have bankrupted Fannie Mae for a lot less than $1.5 trillion, and I don’t know anything about the mortgage business. In fact, I... (Continue reading)
Bringing Up the REAR – Jamie Dimon, Chairman & CEO, JPMorgan Chase & Co.
Written on 19 Jun, 2011 at 16:47
“You have exactly 11 hours to sign and notarize this form. Then deliver three copies to one of three addresses in your home city between 3:00 PM and 4:30 PM on Thursday. The catch is that you must... (Continue reading)
Bringing Up the Rear: Me, Martin Andelman
Written on 4 Aug, 2010 at 6:38
It’s a credit crisis, a global financial crisis, a foreclosure crisis, an economic catastrophe, the total destruction of the secondary mortgage market, the end of pension plan investing and Wall Street’s investment banks, and an ongoing example of why derivatives... (Continue reading)
Bringing Up the Rear: ABA President Edward Yingling
Written on 24 Aug, 2009 at 19:07
“It is now widely understood that the current economic situation originated primarily in the largely unregulated non-bank sector. Banks watched as mortgage brokers and others made loans to consumers that a good banker just would not make and they... (Continue reading)
