Posts under ‘Sleazy’

Never have so few, done so little, and made so much, while screwing so many. “On the Forbes list of rich people, you will find hedge fund managers in droves, but no one who made his money as a hedge fund client.”

Perhaps Mr. Cuomo should look into that as well because just like the AIG deal, their both dirty and quite probably involved the breaking of more than a few laws.

Yesterday’s FOMC meeting announcement contained a number of surprises, the biggest of which was an acknowledgment from Fed Chair Ben Bernanke that the economic recovery was faltering. Not 10-days before he was telling everybody “don’t worry be happy”.

Some excerpts from the complaint are below. But it seems that MERS business model is and was built on fraud. As such this complaint is of great interest to anyone who has faced or is facing foreclosure. Read on, Caleb AKA The Rich Pig The whole purpose of MERS is to allow “servicers” to pretend [...]

Glenn Beck’s Gold buying advice, or how to go broke in a hurry.

The SEC exemption from FOIA requests included in the Financial Reform Bill signed by Obama and promised to increase transparency is yet another glaring example that would make George Orwell proud.

The June New Home Sales data is the worst figure for that month on record, while May set the new all time record low. Further the initially reported gains of +27 and +15% for March and April, the peak tax credit buying months have been revised down to just +11% and + 10% respectively.

Like economists whose theories are predicated on the idea that we all operate in our own best, rational, self-interest, always make logical decisions and don’t allow emotion to either cloud or influence our decision-making.

The case also serves to illustrate that the mainstream media is essentially the PR department for big corporations and more than willing to discard facts and substitute opinion.

This is why loan underwriting standards were discarded wholesale, they flat out didn’t care if somebody could repay the loan or not, all they cared about was getting past that 6-month look back period and collecting their fees.