I hate saying, “I told you so,” but … http://gawker.com/5862363/the-tech-bubble-just-popped
Revealed – the capitalist network that runs the world – physics-math – 19 October 2011 – New Scientist
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’s… Read More California breaks from 50-state probe into mortgage lenders [Updated] – latimes.com
The 24 arrestees, comprising 15 women and nine men, spent several hours in a jail in South Boston, but are unlikely to face any serious charges. via Bank of America: 24 People Arrested in Boston Protest.
Exactly. The demonstrative effect here can not be understated. When economists mention the CRA, they aren’t saying Carter caused the collapse in 2008, or whatever party loyalists hear when they see that. The CRA is instantly dismissed as unimportant, as 1977 was a long time ago, and this couldn’t have happened because of just that.… Read More Redditor Posts Dissertation on Causes of the Great Recession
Overdraft Fees: Bank Of America Uses Temporary Hold To Trigger Overdraft Fee?. Tsk tsk.
I am in the process of writing a post about the Corporate Personhood debate that’s come up with a recent Supreme Court ruling. But this morning while I was out jogging, and noticing yet another empty 3/1.75 home listed at just under a million, a thought occurred to me. According to a number of people… Read More Your Homework: Are Banks Fixing Home Prices?
Swedish lesbians suck sperm banks dry • The Register.
Blownmortgage has a great article on last month’s bump. The home price increase that isn’t does a good job of debunking that bad joo joo. Not to mention the 40,000 LA-area foreclosed homes that banks are keeping off (hiding from) the market. With such artificial scarcity, maybe it’s not such a bad time to be a… Read More The home price increase that isn’t