From Main Street

Arizona Governor Jan Brewer and her allies in the state legislature are seeking to use millions of dollars intended for struggling homeowners to pay for prison construction and tax cuts instead, echoing a policy put in place earlier this year in Wisconsin by Governor Scott Walker.

Remember the $26 billion foreclosure settlement, the ( Read more... )

http://www.huffingtonpost.com/2012/05/25/ally-financial-gmac-mortgage-screwups_n_1546777.html?ref=topbar
Ben Hallman
Posted: 05/25/2012 6:31 pm Updated: 05/26/2012 11:25 am

Trying to count the number of bank screwups ( Read more... )

Retired judges are rushing through complex cases to speed foreclosures in FloridaBy Matt Taibbi ( Read more... )

Josh Rosner, a well respected banking analyst (via Naked Capitalism).  He maintains:  What if nearly all of the mortgages that were securitized (mortgage loans that were bundled and sold as securities) over the last decade are actually unsecured or worthless paper?  A couple court cases forced by actions like this, could set off the stampede.  
( Read more... )

From The NYTMay 31, 2010 ( Read more... )

Rick Santelli

Chicago Tea Party

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   Often controversial & frequently the target of both the left and the right.
Say what you want about Jim Cramer, he does have a way with words:

mad money


( Read more... )