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A Conversation Between MANDELMAN and a Reader About New $1 Billion Fund For...
The other day, I posted an article about how a deal had been negotiated in Congress that would make available $1 billion in federal bridge loans for homeowners who, due to unemployment or illness, are...
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Mortgage Investors Turn to State Courts for Relief
Investors are starting to wake up. First, they are filing suit in any court of competent jurisdiction alleging fraud in the sale of mortgage-backed securities. As discovery proceeds, they will also...
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NON-DISCLOSURE DETAILS FROM THE OTHER SIDE
ONE MORE QUESTION TO ASK IN DISCOVERY: WHAT ENTITIES WERE CREATED OR EMPLOYED IN THE TRADING OF MORTGAGE BONDS, CDO’S, SYNTHETIC CDO’S OR TOTAL RETURN SWAPS (NEW TERM)? EDITOR’S COMMENT: LOUISE STORY,...
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THROW WALL STREET IN JAIL!
From the Senate Report: “Using emails, memos and other internal documents, this report tells the inside story of an economic assault that cost millions of Americans their jobs and homes, while wiping...
View ArticleTammy Baldwin WI Stands Up for Middle Class Homeowners, Tells Holder...
Baldwin Stands Up for Middle Class Homeowners Tells Attorney General Consumers Must Have Path to Recover Losses Congresswoman Tammy Baldwin (D-WI) today led colleagues in standing up for millions of...
View ArticleBlacks, Latinos, Deployed Military | Wall Street’s Victim List Grows with...
Lending settlement can’t undo the damage This “settlement” is a farce. This week, Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread...
View ArticleWall Streeters Lose $2 Billion in 401(k) Bet on Own Firms
Wall Streeters Lose $2 Billion in 401(k) Bet on Own Firms Wall Street employees, who dispense financial advice to individuals and companies, aren’t following a basic investing tenet with their own...
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