Posts Tagged ‘meltdown’

Why Banks Are Better at Making Loans Than Modifying Them

Why Banks Are Better at Making Loans Than Modifying Them

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)

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How to Talk to People Who Don’t Understand the Foreclosure Crisis… if You Absolutely Have to.

How to Talk to People Who Don’t Understand the Foreclosure Crisis… if You Absolutely Have to.

And you do… absolutely have to, I mean. It’s important because until more Americans come to understand what’s really going on in this country today, we’re not going to be able to stop it. And until we stop... (Continue reading)

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Cioffi & Tannin, Bankers That Broke The World, Part 2

Cioffi & Tannin, Bankers That Broke The World, Part 2

From the beginning, the banking lobby has tried to blame this crisis on everyone but the banks. It was the banking lobby that started the P.R. campaign that blamed borrowers… then they blamed mortgage brokers… then sub-prime lenders… everyone... (Continue reading)

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Cioffi & Tannin: Future Household Names, if Anyone Still Owns a House in the Future

Cioffi & Tannin: Future Household Names, if Anyone Still Owns a House in the Future

It would seem that they told themselves that the Funds' bleak prospects would change, come around, and that their incomes and reputations would remain intact. Just a couple of months later, on June 9, 2007, when the Funds' collapse... (Continue reading)

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AIG BONUSES: Someone Get a Rope… The Angry Mob is Already Here.

Tweet 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... (Continue reading)

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