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January 8, 2012

BERNANKE: Don't Rely on Foreclosures to Solve the Problem

37 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON HUFFINGTON POST by Jillian Berman More than four years into the housing crisis, and after millions of Americans have lost their homes, Federal Reserve Chairman Ben Bernanke is finally taking a stand. Bernanke sent a Federal Reserve paper to …

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Bank Auditor Whacked with Fine — But Not Enough

5 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Besides the ratings agencies, the main backstop against the fraud that was allowed to mushroom into a colossal meltdown were the auditors who simply didn’t do their jobs. If the MBS market for too difficult for them to understand, then neither …

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