California breaks from 50-state probe into mortgage lenders [Updated] – latimes.com

California Atty. Gen. Kamala Harris will no longer take part in a national foreclosure probe of some of the nation’s biggest banks, which are accused of pervasive misconduct in dealing with troubled homeowners. Harris removed herself from talks by a coalition of state attorneys general and federal agencies investigating abusive foreclosure practices because the nation’sContinue reading “California breaks from 50-state probe into mortgage lenders [Updated] – latimes.com”

The Corporate Bank Run Has Started: Siemens Pulls €500 Million From A French Bank, Redeposits Direct With ECB

Don’t blink. By the way, why is no one talking about Germany being stuck with the ECB anyway? For those of you who don’t know the history, here is the simple version. Germany used to be in two parts: East and West. When the Cold War ended, Germany wanted to reunite. But, the low countries,Continue reading “The Corporate Bank Run Has Started: Siemens Pulls €500 Million From A French Bank, Redeposits Direct With ECB”