The Poynter Institute, a journalism think tank in St. Petersburg, FL, posted a piece about two NPR correspondents who bought a toxic asset. Thought some of you might be interested in learning more about it. ACS Posted by Mallary Jean Tenore at 6:33 AM on Mar. 22, 2010 National Public Radio reporters David Kestenbaum and […]

Tags: Adam Davidson, Alex Blumberg, Amy Stevens, animated video, Caitlin Kenney, Chana Joffe-Walt, Craig Schiffer, David Kestenbaum, interactive time line, Mallary Jean Tenore, NPR, Planet Money, pooled, Poynter Institute, story for "Morning Edition, toxic asset, We Bought a Toxic Asset, You Can Watch it Die
Posted in bubble, Corruption, Eviction, securities fraud |

Bear in mind now, that underneath this all are subprime mortgage loans and pool of subprime mortgage loans in which only eight percent have to go bad for the whole CDO to be worth zero. NPR Interveiw with Lewis Author Submitted by Ron Ryan, Esq. (Tucson) with the following comment: The story broke on 60 […]

Tags: asymmetric access to information, CDO, credit default swaps, inherently defective loan products, Lewis, NPR, pool, subprime mortgage loans, TARP, toxic assets
Posted in bubble, Corruption, Eviction, securities fraud |

THANK YOU ALLAN AGAIN!!! Submitted on 2009/12/17 at 2:00am Editor’s Note: Allan is right about his frustration with a government that is so slow on the draw. Yet if history teaches us anything it is that government, especially our govenment, tends tomove very slowly except for “emergency” situations, when most of the actions are flawed. […]

Tags: CDO, Chairman Cox, Chairman Mary Schapiro, collateral managers, collateralized debt obligations, investment banks, meltdown, NPR, Propublica, questionaire, SEC, securities, SIFMA
Posted in bubble, Corruption, Eviction |