31-40 of 52 hubssort by Hot Best Latest
70The Downside of Derivatives Abuse
In my hub about the Subprime Mortgage Crisis I introduced the topic of derivatives and how they played a major, major role in getting us into the worldwide financial "mortgage crisis." My point of that article...
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69Crook Alert--Countrywide--Enron's Second Coming? by Paul Krugman
In his column this morning (10-1-07) Paul Krugman says that "It appears that Mr. Mozilo (Countrywide's CEO who paid himself $142 million last year) achieved the rare feat of victimizing three distinct...
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65Delinquent Mortgage
Fact, in the US more than 11% of all mortgages are either delinquent or in foreclosure. This is an alarming number. Currently there are about 1.5 million homes which are probably going to be going...
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47The Mortgage Loan Downpayment
It's the one question that pops in our minds every time we think about buying a home. How are we going to come up with the down payment? Many people won't have the twenty percent for the down payment sitting...
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64Subprime Mortgage Crisis Enabled by Alan Greenspan
Yesterday, Ben Bernanke reversed the Fed's position under Greenspan and proposed tighter mortgage lending rules, stating that " Unfair and deceptive acts and practices hurt not just borrowers and their...
5 comments
54Foreclosure Alley, a Sad Video
Foreclosure Alley Trashouts Foreclosures are dominating the real estate market in Southern California. 700 families lose their homes every day.IRS Q & A on Foreclosures Foreclosure Statistics One in 200 homes...
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70CROOK ALERT 6--THE FORECLOSURE FACTORY IN THE MORTGAGE SERVICING RACKET 12-06
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...
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65The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
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679-19-08 Crisis End Game--Paul Krugman NY Times
Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...
29 comments63The Tumble of Post-Industrial Society
The Tumble of Post-Industrial Society By Dmitriy Belyanin The sub-prime mortgage crisis in the United States of America and the beginning of recession in Europe have created doubts about the sustenance...
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