Tags » Mortgage Crisis

On the mortgage crisis and buffoonish, unethical prosecution.

…of course, despite the title of this post, a spokesperson for the prosecutor’s office called the jury’s verdict exonerating Abacus bank “disappointing.”  But that’s getting ahead of the story. 601 more words

All Posts

How Goldman Sachs Destroyed The Greek Economy And Created A Water Crisis In Detroit

A few days ago The Nation published an article by Robert Reich detailing how Goldman Sachs profited not only from the Greek debt crisis, but the… 1,295 more words

'It's time to hold physical cash,' says one of Britain's most senior fund managers

The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.

Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock. 660 more words


What To Expect In Today's Housing Market

The housing market is strong right now for sellers. With the job market increasing, more people are looking to buy homes in all areas of the country. 133 more words

Real Estate

Don't Bet (Against?) the House

Fighting the Last War

By Rodney Johnson, Senior Editor, Economy & Markets

A problem with most humans is that we’re really bad at letting go of what happened yesterday. 723 more words

News Article

On Bonds And Casino Capitalism Or Why It Pays To Fail.

Definition of Casino capitalism:

The kind of high-risk- high-reward behaviour indulged in by former high street bankers and many others which helped lead to the ongoing economic crisis…

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Economic Meltdown

New Crime Statistics to Include White-Collar Crimes

ST. LOUIS (KMOX) -We all know how many murders there’ve been in our cities, and where that ranks. But how many tax evaders or cyber-criminals have been caught here? 342 more words