In his latest all out seriously spot on rant, Mandelman brings us the most recent and most recently uncovered crimes in the long list of criminal acts as yet going unpunished in the United States mortgage fraud scandal. That scandal which has devastated our economy, destroyed our housing market and left vast numbers of families [...]
Archive for the ‘Bank News’ Category
Psychopathic Bankers, The Story Expands: Bloomberg and Washington’s Blog
04
Jan
We were very delighted to see this latest post over at Washington’s Blog on the Psychopathy of bankers and others in our currently run amok global financial disaster – nice to see the word is getting around. As we wrote in November, 2011: Corporate Psychopathy: The Root of the Global Financial Crisis? 21 Nov We’ve [...]
Charles Hugh Smith: When Things Fall Apart: Disorientation, Desperation, Chaos
09
Dec
When Things Fall Apart: Disorientation, Desperation, Chaos Submitted by Charles Hugh Smith from Of Two Minds When Things Fall Apart: Disorientation, Desperation, Chaos The global “shadow” banking system is unraveling, with dire consequences for financial assets and failed policies. We’re not used to things falling apart, and so our first reaction is disorientation. What we’ve [...]
Foreclosure Shockwave From BofAML’s Michelle Meyer: After 6 Million Foreclosures, We Still Have 8 Million More To Go
05
Dec
As Business Insider Reports, “Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news:” [...] “The most crucial input to our forecast for construction and home prices is our assumption for foreclosures. Our securitized products research team estimates another eight million homes will be liquidated over the next four years, which adds to [...]
How Sweet it is: Fed to Bail Out IMF? Well, Why the Heck Not?
05
Dec
Just when the American people have been given the news that they are soon to be subject to indefinite detainment or detention in foreign prisons without a trial, hearing or any of that ‘messy’ stuff needed in order to conform to the rule of law or the constitution…And just after the latest FED audit has [...]
Paulson’s Inside Jobs – REUTERS Reports on Then US Secretary of Treasury’s “Pathological” Proviiding of Insider Inforamtion to his Wall Street Buddies
05
Dec
For those who haven’t yet caught up with the real world of Bankster Insider Jobs, this latest from Reuters makes it pretty plain A Goldman Sachs Management meeting with the then US Secretary of Treasury’ in Moscow in Junt 2008 – and now this additional information wherein he revealed to Hedge Fund Insiders the plan [...]
On The Front Lines of Foreclosure: April Charney Interview on Mandelman
29
Nov
If you’ve been paying any attention at all in the last half decade or so, you know there is a ‘housing crisis’. If you have more than half a brain worth of awareness you know this is a ‘banking crisis’ and not a ‘housing crisis’ and if you are at all alive, you know, either [...]
Anonymous Targets NYSE.com For 10-10-2011
05
Oct
Looks like the 99% / Anonymous movement is gathering steam and momentum… The protests are getting some actual coverage now – and this showed up on youtube… We know David DeGraw’s Amped Status site has been supported by anonymous and we think that is great – this looks a little more serious…
California Drops Out of AG Settlement with Bank of America
04
Oct
As zerohedge reported earlier this week, California has dropped out of the AG Settlement process – one more State saying B of A is not addressing the real damage caused by its practices… Not a good week to be Bank of America it would seem… Another Blow For America’s Banks (And Bank Of America) [...]
David DeGraw: Empire Economics Destroying Lives: Occupy Wall Street
23
Sep
David DeGraw Calls Out the People to Occupy Wall Street. 239 Million Americans living paycheck to paycheck. 59 Million without health care. 52 Million in poverty. 42 Million on food stamps. 30 Million in need of work. 7 Million foreclosed on. 5 Million over 60 days late on mortgage.s Our Youth Owe $1 Trillion in [...]
