As Yves Smith notes:As we have written, and as experts and foreclosure defense lawyers have reported in Congressional testimony, and as pending lawsuits by attorneys general in Arizona and Nevada allege, servicer abuses are a significant cause of for…
Posts Tagged ‘Secretary Geithner’
Congressman Miller Joins Economists and Financial Experts In Demanding a Stop to Mortgage Servicer Fraud — a Significant Cause of Foreclosures
December 22nd, 2010 |
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Grayson Sends Letter to Geithner, FSOC Regulators on Foreclosure Fraud and Systemic Risk, Calls for Foreclosure Freeze
October 7th, 2010 |
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I’m passing on verbatim another excellent roundup on the foreclosure issue emailed to me by a friend on the Hill. He’s much better informed on the issue than I am.Rep. Alan Grayson is sending the following letter to Secretary Geithner and the other me…
Galbraith: Administration’s Sole Goal is to Restore System of 5 or 10 Years Ago, But Confidence Won’t be Restored Unless Fraud is Prosecuted
November 1st, 2009 |
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As I have repeatedly written, the largest U.S. banks have repeatedly gone bankrupt due to wild speculation which was blessed by the Fed, and then the government covered up their bankruptcy.Indeed, the New York Times writes today about one of the too bi…
“The Federal Government Works for Goldman and Not for Us”
July 16th, 2009 |
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Veteran reporter Robert Scheer writes today:The federal government works for Goldman and not for us.Is Scheer’s claim over the top?Well, the assistant secretary of the Treasury under Reagan (and former senior Wall Street Journal editor) Paul Craig Robe…
US will encourage India, China and Russia to tackle global agenda: Clinton
July 16th, 2009 |
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Spelling out the United States’ foreign policy initiatives for the immediate future, Secretary of State Hillary Clinton Wednesday said that Washington would put special emphasis on encouraging major and emerging global powers – China, India, Russia and Brazil, as well as Turkey, Indonesia, and South Africa – to be full partners in tackling the global [...]
Nathan Gardels: California’s Crisis of Consumer Democracy
July 14th, 2009 |
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California’s fiscal crisis says as much about the state of the American Dream as it does about the state of California’s economy. And it is…