Posts Tagged ‘lloyd blankfein’

SECURITIZATION: How our society changed when we learned to turn lead into gold.

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don’t need a source for that statistic. Water is wet, the sky is blue, and that’s a fact. Hotel rooms never cost $600... (Continue reading)

In the Words of Goldman Sachs CEO, Lord Blankcheck…

In the Words of Goldman Sachs CEO, Lord Blankcheck...

So, have you ever wondered what Goldman Sachs CEO is saying when the cameras aren't on, own what goes on under that highly polished dome of his? Well, I sure have. ... (Continue reading)

What Shall We Tell Our Children, Mr. President?

What Shall We Tell Our Children, Mr. President?

What shall we tell the children, Mr. President? How can we tell them the truth? How can we tell them we’ve lost faith in America… that our government has abandoned us… that we no longer feel like a... (Continue reading)

What Obama Should Have Done – Ezra Klein, Part 2

What Obama Should Have Done – Ezra Klein, Part 2

I mean, here we had our “smart” president, and the first thing he does upon taking the reins of a nation in real economic peril, is throw together a spending bill whose numbers were pulled directly from the hindquarters of... (Continue reading)

The Luckiest Bankers the World Has Ever Seen! And They’re Ours! Yay!

The Luckiest Bankers the World Has Ever Seen!  And They're Ours!  Yay!

Assuming you were such an adept trader of securities that you had a 70% probability of making money on any given trading day, which would, by the way, pretty much make you a God of Wall Street… the odds that... (Continue reading)

BoA’s Bad Bank – Pay No Attention to the 6.7 Million Loans Behind the Curtain

BoA's Bad Bank - Pay No Attention to the 6.7 Million Loans Behind the Curtain

See, these are the kinds of things that make me afraid of the world around me… like, now I don’t want to even leave my house. Does stuff like this work on “investors?” What… are the “investors” he... (Continue reading)

T’was the Night Before Christmas… 2010

T’was the Night Before Christmas… 2010

I write this political year-in-review holiday poem every year. I love doing it, and I hope you'll enjoy reading it and will send it to others of like mind as well. Happy Holidays!... (Continue reading)

Howie Hubler’s Loan Value Group… Proof That Wall Street Has No Idea What’s Happening on Main Street

Howie Hubler's Loan Value Group... Proof That Wall Street Has No Idea What's Happening on Main Street

Want to know who Howie Hubler is? Did you read Michael Lewis' book, "The Big Short," because if you did, you might remember Lewis mentioning a bond trader at Morgan Stanley that lost the investment bank $9 BILLION... more... (Continue reading)

Foreclosure Fraud: Tough Issues With Which to Grapple

Foreclosure Fraud: Tough Issues With Which to Grapple

Just in case any children are reading this, and one never knows about such things, forgery and perjury are never found on the right path to follow when attempting to cover up, flagrant and immeasurable fraud and massive malfeasance, boys... (Continue reading)

GMAC Halts Evictions Related to Foreclosures in 23 States When News of Forged and Robo-Signed Documents Comes Out

GMAC Halts Evictions Related to Foreclosures in 23 States When News of Forged and Robo-Signed Documents Comes Out

Okay, so here’s the story… some attorneys representing homeowners in foreclosure noticed that GAMC was saying things that weren’t true, which is sometimes referred to as “lying,” and then in a deposition it came out that a middle manager at... (Continue reading)

President Obama… Thank You. Elizabeth Warren… Will You Marry Me?

President Obama... Thank You.  Elizabeth Warren... Will You Marry Me?

But that was before I knew Elizabeth Warren as the TARP chief... the Harvard professor... the advocate for the middle class... the woman who was the only person in Washington D.C. who could stare down Treasury Secretary Tim "Transparency" Geithner... (Continue reading)

AMERICA LOST: Treasury’s meetings with bloggers tells a story that I didn’t want to hear.

AMERICA LOST: Treasury’s meetings with bloggers tells a story that I didn’t want to hear.

It made me sad to know what Treasury Department officials had said about the foreclosure crisis and HAMP… very, very sad. In fact, I can’t think of another time in history when my government acted as these guys have... (Continue reading)

Bringing Up the Rear: Me, Martin Andelman

Bringing Up the Rear: Me, Martin Andelman

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)

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Everything’s going just fine. There are no real problems with HAMP or with the servicers who are implementing HAMP. Oh sure, there have been a few challenges, but most of them have been caused by the borrowers who... (Continue reading)

The Banksters: Lloyd Blankfein, John Mack, Vikram Pandit, Jamie Dimon, Brian Moynihan, Et Al. Have we forgotten what lying is?

The Banksters: Lloyd Blankfein, John Mack, Vikram Pandit, Jamie Dimon, Brian Moynihan, Et Al. Have we forgotten what lying is?

Apparently, data released by the Federal Reserve Bank of New York shows that 18 banks, including those listed above of course, have been lying about their levels of debt that are used to fund their trading of securities at the... (Continue reading)

Banks Lobbying, Financial Reforms & Who’s Recovering?

Banks Lobbying, Financial Reforms & Who's Recovering?

Like the flying monkeys from the Wizard of Oz, they’ve been summoned by the bankers to our nation’s capital; flying in from around the country until they hit the steps of the U.S. Capital building… when they’re transformed into lobbyists... (Continue reading)


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