Posts Tagged ‘spain default’

How’s the View from Where You’re Sitting?

Written on 24 Jul, 2012 at 10:12

If you want my advice... don't read this post, or watch it... just skip this page and head for the sports section or something. I'm sorry I'm even posting it... seriously... click away... while you still can.... (Continue reading)

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

Written on 23 Apr, 2012 at 14:06

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

You’ve got to give it up for the Spaniards… unless they’re bankers.

Written on 26 Mar, 2012 at 19:11

Clearly, today's news from Spain shows that when it comes to protesting, Americans have lost some of our creativity and are simply not up for it as often as we once were. Frankly, many have expressed concern about... (Continue reading)

Tagged with: bailouts bank of america banking lobby citibank diana olick double dip economic recovery economy elizabeth warren european recession Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures fraudulent securitization Freddie Mac Goldman Sachs HAMP Indymac bank jpmorgan chase loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode max gardner ml-implode mortgage crisis mortgage refinancing mortgage servicers NACA OCC review occupy foreclosures occupy our homes Occupy Wall Street Robo-Signing SDPnoticias.com spain default spain economy spain foreclosures spain unemployment Spain's banks Spainâ€™s high-class escorts TARP the euro Treasury Secretary Tim Geithner unemployment wall street bankers wells fargo bank

There’s Pain in Spain as Banks Go Down the Drain… Let Me Explain

Written on 29 Sep, 2011 at 9:12

I wonder what will happen in the next few years as more loans default and the condition of Spain's banks deteriorates further. You don't suppose that will mean fewer loans and tighter credit, which will reduce the demand for... (Continue reading)