Posts Tagged ‘james kwak’

KA-BOOM! INVESTORS FILE SUIT: Bank of America, Countrywide and named executives committed “MASSIVE” SECURITIES FRAUD related to Mortgage-backed Securities

KA-BOOM!  INVESTORS FILE SUIT: Bank of America, Countrywide and named executives committed “MASSIVE” SECURITIES FRAUD related to Mortgage-backed Securities

So, if the investors that are supposed to own the loans that are supposed to be assigned to the trusts say the notes were never assigned to them, and therefore they say they don't have the right to foreclose... how... (Continue reading)

Books That Matter: 13 Bankers, by Simon Johnson & James Kwak

Books That Matter: 13 Bankers, by Simon Johnson & James Kwak

On Friday, March 27, 2009, the CEOs of thirteen of the country's largest financial institutions gathered at The White House to meet with President Barack Obama. ... (Continue reading)