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We know they�re not evil, because they�re simply not smart enough to be evil.

Written on 23 Apr, 2012 at 14:06

We know they�re not evil, because they�re simply not smart enough to be evil.

The European bankers are no different than is the FHFA, which is led by Ed DeMarco, the guy stopping Fannie and Freddie from reducing principal balances of mortgages. He says he won’t do it because his job is to... (Continue reading)

Tagged with: bailouts bank of america banking lobby debt crisis diana olick double dip economic recovery economy Edward DeMarco elizabeth warren european banks Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke FHFA foreclosure crisis foreclosures Freddie Mac GDP Goldman Sachs greece economy HAMP jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode ml-implode mortgage crisis mortgage refinancing NACA president obama Quantitative Easing recession spain default spain economy strategic default TARP Treasury Secretary Tim Geithner trial modifications unemployment wall street bankers wells fargo bank

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