…I hope she takes them for everything they have. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
I would not be surprised. Holding the industry accountable…well, that would just be too hard. Instead, they will probably “whitewash” the whole thing, forgive the billions in fees owed to the States, and give the banks some more money for their troubles. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe […]
So Angel Mozilo gets a hefty fine (well deserved), but the Senators who got sweetheart deals…well, there’s nothing to see there, so move on. UPDATE: The rabbit hole gets deeper, folks. Mozilo will not be required to pay a dime. Countrywide will pay $25M from a fund established to bail out the company from its […]
…this is an argument I was making a couple of years ago, when the market went south and the banks started screwing with people. There are going to be significant long-term ramifications of this bubble bursting. This is only the start. On another note, it’s been…interesting as well as extremely aggravating…to see the mood shift […]
Any article that starts with, “Top banking executives said…” is automatically suspect. That said, the government is not itself hindering the recovery; the real culprit is Wall St. They could resolve this thing quickly; however, the economic incentive is not there, so they will not. This is not necessarily wrong, it’s just inhuman. Bookmark on […]
…the only reason any member of the legislature opposes Elizabeth Warren is money. They are so buried in the pockets of special interests it’s a wonder they even bother to put on a show. With this move, President Obama sends the message that his agenda for change is officially dead. Appointing Ms. Warren as an […]
…I am here to tell you, from first-hand experience, the problem is not homeowners who are unwilling or unable to make payments, the problem is the banks giving homeowners the run around. They don’t call back, they lie, they give you bad information, they make promises they can’t back or won’t back up, and one […]
…if these debt collectors would seek to renegotiate these loans they are purchasing at an EXTRAORDINARY discount, they’d reap at least two types of rewards. First, they’d make a huge return on investment. Second, they’d be doing the right thing. Instead, they call up the homeowner and demand payment in full, settling for perhaps thousands […]
Of course they are. We are talking about American princes and princesses (and their pages), why shouldn’t they be entitled to special mortgage rates? Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
…WTF are these guys smoking, to be blunt? Who in their right mind (or math) thinks this is even close to over? Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
