Posts Tagged ‘wall street bonuses’

Is Bank of America Worth $200 Billion?

Written on 12 May, 2011 at 1:30

Bank of America bought Countrywide for $4 billion and change. That sounds funny to me now. You've got to admit it. The idea that someone would PAY money for Countywide has to make you giggle at least... (Continue reading)

If at first you don’t succeed, CRIME, CRIME again.

Written on 27 Feb, 2011 at 10:32

I'm not going to attempt to write some scathing or potentially insightful commentary about Mr. Mozilo, I'm sure that's been done many times before, and frankly... he bores me to no end. But, at the same time I felt... (Continue reading)

Mandelman’s Monthly Museletter… Version 10.0

Written on 3 Feb, 2011 at 6:25

1. California's ex-AG, Governor Jerry Brown Settles Countrywide Suit for $6.5 million. 2. Mandelman ADMITS HE WAS WRONG About AZ's Foreclosure Program's Potential. 3. Wall Street Journal: $135 Billion for Bankers in 2010... Breaks Previous Record Set in 2009.... (Continue reading)

Foreclosures Poised to Take Down the U.S. Banking System… and even entire economy, says Whalen. (Ya’ think?)

Written on 21 Dec, 2010 at 7:32

"Laurie Goodman of Amherst Securities predicts that 1 in 5 mortgages could go into foreclosure without radical action." Now just a minute here... you're not saying that one out of five people with mortgages are "irresponsible sub-prime borrowers who never... (Continue reading)

Tagged with: bank of america banks insolvent Chris Whalen CNBC core logic diana olick economy Fannie Mae FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke FHFA firedog lake foreclosure crisis Freddie Mac G20 HAMP Hank Paulson Hope-4-Homeowners Institutional Risk Analytics john Taylor Laurie Goodman of Amherst Securities mandelman mandelman matters martin andelman max gardner ml-implode NACA National Community Reinvestment Coalition O. Max Gardner III obama administration Obama's Making Home Affordable Plan recession REST Report Sen. Ted Kaufman shame the banks Small Business Lending Support stress tests sub-prime borrowers TARP Treasury Secretary Timothy Geithner U.S. banking industry wall street bonuses will the circle be unbroken

LA Homeowners Arrested During Foreclosure Protest – Video

Written on 18 Dec, 2010 at 7:23

ACCE says that now they plan to up the ante by " bringing together the collective power of the homeowners themselves in alliance with their supporters among labor unions, the religious community and community organizations." And in fact, among... (Continue reading)

Bringing Up the Rear: Me, Martin Andelman

Written on 4 Aug, 2010 at 6:38

It's a credit crisis, a global financial crisis, a foreclosure crisis, an economic catastrophe, the total destruction of the secondary mortgage market, the end of pension plan investing and Wall Street's investment banks, and an ongoing example of why derivatives... (Continue reading)