EDITOR’S COMMENT: Once again Simon JOhnson hits the nail on the head. Those of you who want a more sophisticated picture of this mortgage mess along with the macro-economic view would do well to visit www.baselinescenario.com. With the latest move in New York allowing legal aid to homeowners in foreclosure, the number of contested cases …
FROM THE ATLANTIC The Rise of the New Global Elite F. Scott Fitzgerald was right when he declared the rich different from you and me. But today’s super-rich are also different from yesterday’s: more hardworking and meritocratic, but less connected to the nations that granted them opportunity—and the countrymen they are leaving ever further behind. …
Posted on February 15, 2011 by Foreclosureblues U.S. Trustee To Federal Judge: “Fidelity Operated An Affidavit-Execution Process That Systematically Caused The Execution Of False Affidavits!” The U.S. Trustee’s Office has recently filed a Post-Trial Brief in ongoing bankruptcy litigation in a U.S. Bankruptcy Court in New Orleans, Louisiana in which it asks Judge Elizabeth …
U.S. Trustee Alleges Systematic Fraud in Bankruptcy Courts Read More »
