Wednesday 4th December
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Once in a Great While You See Something That Means Something
Written on 17 Jul, 2010 at 17:33
It doesn't happen every day... far from it, perhaps... but, once in a great while you see something that really means something... something that you are unlikely to ever forget. This video is one of those types of things. ... (Continue reading)
TARP Chief Elizabeth Warren: “It’s the Bank Lobbyists vs. American Families”
Written on 24 Feb, 2010 at 9:27
Warren then went on to say: "Six months ago, I really thought that we were on the brink of financial reform." In response, Maher asked her what she was smoking back then. The audience laughed. I did... (Continue reading)
Why Banks Are Better at Making Loans Than Modifying Them
Written on 26 Nov, 2009 at 4:51
I thanked my new present value oriented friend and hung up. Next I would need to find a homeowner whose loan had been modified directly by the bank as a result of their request. This wasn't easy. Lots of refinancing,... (Continue reading)
101 Pages of Barackracy: Obama’s Regulatory Reforms
Written on 19 Jun, 2009 at 20:42
It’s been over a week since President Obama presented his plans to reform the regulatory structure of our financial markets. As someone who writes about such things, I knew many of my readers would expect me to watch the speech... (Continue reading)
AIG BONUSES: Someone Get a Rope… The Angry Mob is Already Here.
Written on 19 Apr, 2009 at 10:15
I cannot even believe what’s going on in our country today. I am so totally pissed off at greedy, obnoxious, mega-rich corporate executive fat cats that I can’t see straight. Apparently, and I am not making any of this up,... (Continue reading)
WHAT I NOW KNOW ABOUT THE FORECLOSURE CRISIS AND LOAN MODIFICATIONS
Written on 6 Apr, 2009 at 18:27
The government's responsibility here is to regulate the loan modification industry to protect consumers. You know, punish the bad guys and leave the good guys to do their jobs, help homeowners who are in trouble, and earn a fair... (Continue reading)