Wednesday 4th December
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We’re Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People
Written on 5 Dec, 2013 at 8:59
This is not a tragedy that discriminates. The race diminished as a result of what is being allowed to transpire will be "human". ... (Continue reading)
A Letter to Brian Stevens at TBWS: We Need More Houses?
Written on 15 May, 2012 at 8:18
Just to make sure I understand what you said there... the problem is that there aren't enough homes for people to buy? We're having a shortage of houses for sale, are we? Wow... you know, I was sleeping... (Continue reading)
Author Michael Hudson Knows The Monster – A Mandelman Matters Podcast
Written on 4 Dec, 2011 at 12:59
Here's something you can't do anywhere else... listen to author Michael Hudson not only talk with me about his book, but listen to how he applies his vast knowledge of the subject matter to what's going on today in our... (Continue reading)
Bringing UP the Rear – Neil Lipschutz, Managing Editor, Dow Jones Newswire
Written on 28 Nov, 2011 at 10:54
Obviously, either Neal has the cognitive abilities of a fruit loop soaked in milk, or he's just disturbed. What do you suppose he thinks "spread" to Europe and its banks? I mean, I don't think loans can spread...... (Continue reading)
Dear Banking & Government People Who Are Reading This…
Written on 8 Jun, 2011 at 5:47
You guys all now know that this thing had about as much to do with sub-prime borrowers as World War II. Unless you can point out a sub-prime borrower who was selling synthetic CDOs in Iceland, I think we're... (Continue reading)
If You Think the Meltdown Was the Fault of Homeowners, Think Again…
Written on 25 May, 2011 at 18:46
So... in "Pillage," Nomi Prins explains in terms anyone can understand that factoring in the leverage at 11:1, we're looking at a $140 TRILLION economic problem... yes, you read that correctly... that's trillion, with a 'T'... (Continue reading)
Howie Hubler’s Loan Value Group… Proof That Wall Street Has No Idea What’s Happening on Main Street
Written on 1 Nov, 2010 at 9:13
Want to know who Howie Hubler is? Did you read Michael Lewis' book, "The Big Short," because if you did, you might remember Lewis mentioning a bond trader at Morgan Stanley that lost the investment bank $9 BILLION... more... (Continue reading)
Bringing Up the Rear: Senator Christopher J. Dodd
Written on 19 Sep, 2010 at 17:20
Now that Elizabeth Warren has been appointed to the post, albeit temporarily, support her with whatever support you can offer, Senator Dodd. Let the ones that oppose Elizabeth Warren stand naked in the light. And the American consumer....... (Continue reading)
Have a “Plunder Party” and Help Change Our World
Written on 8 Jul, 2010 at 13:15
PLUNDER - The Crime of Our Time, is a movie produced and directed by Danny Schechter, that shows what Wall Street did to destroy our economy. It's the first movie that clearly shows that what's happened over the last... (Continue reading)
Mandelman Matters Presents: ARE YOU READING THIS STUFF?
Written on 17 May, 2010 at 8:45
Mandelman Matters Presents: ARE YOU READING THIS STUFF? What am I supposed to do? I read constantly and it’s painful. I figured that maybe by sharing it with you, I would know I wasn’t alone, and it would stop me... (Continue reading)
Senate Investigation Says Banks Caused Crisis, Not Borrowers
Written on 22 Apr, 2010 at 13:45
As I've said what feels like a million times in a million different ways... it wasn't the borrowers, it was the banks, and what caused the crisis was that the banks broke the bond market... and it remains broken to... (Continue reading)
Wells Fargo’s “Ghetto Loans” and the “Mud People”
Written on 28 Jun, 2009 at 22:40
Beth Jacobson says that she and fellow loan officers at Wells Fargo Bank systematically singled out blacks in and around Baltimore in order to sell them high-interest sub-prime mortgages, whether they would have qualified for prime loans or not. ... (Continue reading)