financial crisis

Fed Up: The Foreclosure Crisis that Caused the 2008 Crash Is Now Ending

Below is another “fake news” report from your friendly St. Louis Federal Reserve.  The Foreclosure Crisis isn’t even close to being resolved.  Pensions are failing, houses are being foreclosed with fake documents and housing prices have reached unaffordable levels while wages remain flat.  This isn’t even close to being the end of the crisis.  Until …

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Hiding Behind Advice of Counsel No Better Than Ratings

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Minnesota AG Backs NY AG: No Amnesty For Banks

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE POLITICIANS SMELL BLOOD: RUN AGAINST THE BANKS “Every single American has paid a very heavy price for the behavior of the financial industry. Ordinary people have lost homes, jobs, income, and financial security because of the actions of this industry,” Swanson said in …

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“Keep your fingers crossed but I think we will price this just before the market falls off a cliff,” a Deutsche Bank manager wrote in February 2007

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Categorized | STOP FORECLOSURE FRAUD Internal emails indicate Deutsche Bank knew they were bankrolling toxic mortgages by Ameriquest and others iWatch In 2007, the report says, Deutsche Bank rushed to sell off mortgage-backed investments amid worries that the market for …

“Keep your fingers crossed but I think we will price this just before the market falls off a cliff,” a Deutsche Bank manager wrote in February 2007 Read More »

Goldman Sachs Messages Show It Thrived as Economy Fell

Editor’s Note: Now the truth as reported here two years ago. There were no losses. They were making money hand over fist. And this article focuses only on a single topic — some of the credit default swaps — those that Goldman had bought in its own name, leaving out all the other swaps bought …

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CHILDREN OF THE FINANCIAL HOLOCAUST

I think Bob Herbert of the NY Times wrote today what will be eventually seen as the most important article on the financial crisis. We’ve seen it before — the children of the great depression, children of the holocaust, returning veterans from WWI, WWII, Korea, Vietnam, Iraq, Afghanistan. Now it’s the financial meltdown.We ignore it …

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