January 16, 2012

ZOMBIE MONEY: How The World Keeps Cancerous Banks Alive

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S ANALYSIS: In 1983 the amount of derivatives based upon credit instruments was zero. Then it went past $600 Trillion in 2007, and it is suspected (these are mostly “private” contracts) that they might be over a quadrillion now. There is approximately $70 …

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SF Occupiers Turn Attention to Collusion Between Speculators and Banks

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: I missed the timing, so this event already happened. But the SF Occupiers seem to be on the right track. They deserve our support and their efforts should be duplicated. My anecdotal evidence strongly suggests that the collusion between real estate …

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Our Morally Bankrupt Government, Justice Edition Part 1: Enforcement Against Financial Meltdown Perpetrators

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT By Abigail Caplovitz Field | January 16, 2012 Perhaps the clearest window into a nation’s soul is its criminal justice system. Criminal law is legislated morality: certain acts are so vile, we exile the perpetrators to prison. But not every criminal. America will …

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Payment, Not Magic Satisfies Obligations: Stop Saying You Don't Owe the Money

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Stopa’s article runs to the heart of the matter and it’s time WE faced the reality that payment, not magic, discharges what you owe. And the other reality is that if you try to win your entire case in preliminary hearings, …

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Here is How JPMorgan Posts $19B Annual Profit Despite Housing Hangover

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S ANALYSIS: You might ask how any bank could post such huge profits while the economy is in the toilet, Europe is falling apart and Asia is having problems. The answer lies — yes here it is again — in the level 2 …

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