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Quotes of the day

Blame. “The S&P will monitor the U.S. for about six to 24 months to see whether its fiscal position deteriorates further or if political gridlock gets worse. John Chambers, the group’s managing...

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Asshat Alert | Ajay Rajadhyaksha, Managing Director of Barclays Capital –...

Asshat alert… Ajay Rajadhyaksha, managing director of Barclays Capital, concurred saying to make private label RMBS issuance more attractive, there needs to be a “transparent and timely way to enforce...

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JOE NOCERA | To Fix Housing, See the Data

To Fix Housing, See the Data In Miami recently, I met up with Laurie Goodman, a senior managing director of Amherst Securities. I’d been trying to meet her ever since I’d read an article that she had...

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MERS: A Twenty First Century Creation Navigating An Eighteenth Century Legal...

MERS: A Twenty First Century Creation Navigating An Eighteenth Century Legal System Introduction One need not be an expert in banking or real estate to have become acutely aware of the 2008 financial...

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American Association of Mortgage Investors (AMI) Takes Position against...

AMI Takes Position against Mortgage Servicing Settlement In a strongly worded statement on behalf of the American Association of Mortgage Investors (AMI), Jonathan Lieberman, Managing Director of...

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Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal...

Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal System Banks are demonstrating that if you have enough money and influence, you’re not expected to follow the same laws as...

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Catherine Austin Fitts | The Myth of the Rule of Law, Or How the Money Works

What scares me the most about this paper is it was written over 10 years ago… This has been going on for a long, long time… ~ The Myth of the Rule of Law, Or How the Money Works — The Destruction of...

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Video: Clinton cuts ad touting Obama plan that Obama never talks about

“This election, to me, is about which candidate is more likely to return us to full employment.” Say, what exactly is Barack Obama’s second-term agenda, anyway?  I mean, besides saving us from the...

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The Gruesome Photo | LAPD Beating of Deutsche Bank’s Brian Mulligan

Alleged LAPD Beating Victim The Gruesome Photo There’s no doubt … Brian Mulligan — an international banking honcho — was beaten to a pulp by the LAPD — based on photos obtained by TMZ. Mulligan — the...

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