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Business

Matt Taibbi: Nobody Should Shed a Tear for JP Morgan Chase
Business  (tags: J.P. Morgan Chase, $13 billion settlement, business press crying, no jail, mass fraud, MBS, housing bubble, TBTF, Obama, Schneiderman, Washington Mutual & Bear Stearns, sanitized acquisitions, Bernie Madoff, Ponzi schemes, Maiden Lane, Fed eats debt )

Judy
- 305 days ago - rollingstone.com
In fact, this deal is actually quite a gift to Chase. It sounds like a lot of money, but there are myriad deceptions behind the sensational headline.
Foreclosure Crisis Hits Minorities Hard
Business  (tags: Banks, Black, Committee for Responsible Lending, CRL, Foreclosure, Foreclosures, Hispanic, Housing, Housing Bubble, housing sector, Minority, Subprime )

Kemsa
- 1528 days ago - blcnn.wordpress.com
n terms of actual foreclosures, black and Hispanic borrowers are nearly twice as likely to have already lost their homes. The data shows that for every 10,000 loans made to African Americans, 790 foreclosures were completed, compared to 769 for every ..
Crocodile Tears on Wall Street
Business  (tags: oligarchy, wall street, economic meltdown, credit default swaps, housing bubble, regulators, SEC, Magnetar, corruption, dishonesty )

Judy
- 1591 days ago - salon.com
With all due respect, we can only wish those Tea Party activists who gathered in Washington and other cities this week weren't so single-minded about just who's responsible for all their troubles, real and imagined. They're up in arms, so to speak, agains
Goldman Case Likely to Unleash Torrent of Lawsuits
Business  (tags: Goldman Sachs charged, torrent of banking lawsuits, SEC, housing bubble, hedge funds, foreign investors, banksters )

Judy
- 1592 days ago - news.yahoo.com
The fraud charges against Goldman Sachs & Co. that rocked financial markets Friday are no slam dunk, as hazy evidence and strategic pitfalls could easily trip up government lawyers. It couls kick off a lengthy new era of litigation for many banks.
The House That Debt Built
Business  (tags: economy, credit, consumers, housing bubble, mortgages, savings, banking, government, politics, stock market )

Blue
- 2575 days ago - huffingtonpost.com
How did we get here? We don't save money and our earnings are stagnant. Real savings from personal income in America have been negative for a year. The Chart below is made of 100% US Government data. Notice the zig zag pattern and the total lack of . . .
   

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