866-216-4126

Credit markets

Pension and Union Funds Were Upside Down the Moment They Bought MBS

26 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 SERVICE 520-405-168 Editor’s comment: Smith’s statement about the passivity of investors is well taken. Up until recently, they were content to let the Banks and servicers fight it out and they assumed they would get their fair share of the money that was …

Pension and Union Funds Were Upside Down the Moment They Bought MBS Read More »

YVES SMITH: BANKS LIED ABOUT BAILOUT AND MADE PROFIT!

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

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE YVES SMITH, NAKED CAPITALISM Quelle Surprise! Banks Lied About Bailout Funds and Got $13 Billion in Profit from Them Bloomberg News is continuing with the tankless task of pushing forward with FOIA requests relative to the Fed’s lending programs, and once it …

YVES SMITH: BANKS LIED ABOUT BAILOUT AND MADE PROFIT! Read More »

Scroll to Top