May 17, 2011

Taibbi: BRING CRIMINAL CHARGES AGAINST GOLDMAN SACHS

SEE ENTIRE ARTICLE IN ROLLING STONE MAGAZINE The People vs. Goldman Sachs A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges Goldman Sachs CEO Lloyd Blankfein tesifies before the Senate in April 2010 Mark Wilson/Getty Images 181 Comments By Matt Taibbi May 11, 2011 9:30 AM ET They weren’t …

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NY STARTS NEW INVESTIGATION OF MEGABANKS ON MORTGAGES and FORECLOSURES

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS LOOKING TO NY FED FOR PROTECTION EDITOR’S NOTE: Maybe this will wipe that arrogant smirk off their faces. Again the investigations are renewed after it seemed they were giving up. Just as the financial regulatory agencies followed up an SEC settlement with Goldman, they all, …

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Cochrane: Deutsch Unraveled — COMPLEXITY COVERS FRAUD

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Now they are trying it again, with the help of the NY FED. The characterization of the loan models as “originate and distribute” gives the impression that the loans were underwritten first and then distributed pursuant to a securitization plan. They are again retreating to complexity …

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