Showing posts with label Gretchen Morgenson. Show all posts
Showing posts with label Gretchen Morgenson. Show all posts
Sunday, February 15, 2015

Gretchen Morgenson smells a rat: Fannie/Freddie bailout cost us nearly $188 billion, but Treasury rakes in the profits

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Gretchen Morgenson for The New York Times, here : For decades, the companies had maintained that their mortgage operations posed no ri...
Sunday, July 22, 2012

Neil Barofsky, TARP "Watchdog", Blasts Financial Fascism In New Book

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And Gretchen Morgenson of The New York Times provides a favorable review, here : He is Neil Barofsky. Remember him — the man whose job it wa...
Sunday, July 15, 2012

HELOC Required Payments Are Set To Explode Between 2012-2018

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Today, just $11 billion in home equity lines of credit require both principal and interest payments. By 2018 the number will be ten times th...
Sunday, February 12, 2012

Banks Make Out Like Bandits Again, Mortgage Settlement a Drop in the Bucket

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As detailed by Gretchen Morgenson for The New York Times here : There's no doubt that the banks are happy with this deal. You would be, ...
Sunday, October 9, 2011

Taxpayer-Insured Commercial Banks Continue To Write CDS in $Trillions

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Protest that you numbskulls. These banks' political contributions are going to your man in The White House. Gretchen Morgenson has the ...
Wednesday, June 29, 2011

Liberals Blame Bill Clinton for Housing Bubble

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The Financial Crisis Inquiry Commission, under Phil Angelides who had a testy, partisan, op-ed in The Washington Post yesterday, in its rep...