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68

CROOK ALERT 6--THE FORECLOSURE FACTORY IN THE MORTGAGE SERVICING RACKET

by Ralph Deeds

Harvard Law professor Elizabeth Warren makes the case for credit regulation. http://harvardmagazine.com/2008/05/making-credit-safer.html Mortgage Market Spirals Downward Storm Clouds Over Risky Mortgages... published 2 years ago

11 comments    foreclosures home loans sivs

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Guesstimates Won't Cut It Anymore--Gretchen Morgenson in the NYT 10-28-07

by Ralph Deeds

Excerpts from Morgenson article; The $30 billion in losses and write-downs taken by big brokerage firms in the third quarter are not likely to be the last. After last week it was no longer plausible to deny... published 13 months ago

0 comments    merrill lynch financial meltdown

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Straws in the Wind January 11, 2008

by Ralph Deeds

ALZHEIMER'S EXPERIMENT PRODUCES HOPEFUL RESULTS Successful Alzheimer's therapy may be on the near horizon. Experiments with Enbrel an FDA-approved drug for rheumatoid arthritis show great promise for treating... published 11 months ago

3 comments    politics al gore merrill lynch

73

Subprime Home Mortgage Crisis

by Ralph Deeds

"We forgot there was a lot more risk in the strategy," said one State Street executive." The State Street Corporation which manages $2 trillion for pension funds and insurance companies fired a senior... published 14 months ago

11 comments    bank of america mortgage crisis

45

Straws in the Wind 11-3-07

by Ralph Deeds

In a special meeting tomorrow (Sunday) Citigroup's board of directors is expected to fire the bank's CEO, Charles O. Prince. Prince will follow Stanley O'Neal Merrill Lynch's CEO who was fired last week in... published 13 months ago

bank of america merrill lynch mortgage crisis


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