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Entries by Peter S. Goodman from 08/2012

White House Must Free Fannie Mae, Freddie Mac On Principal Reduction, Remove Ed DeMarco

| Posted 08.06.2012 | Business

The time has long since arrived for Edward J. DeMarco to pursue his other opportunities in the private sector, whatever they may be. DeMarco, you may...

Foreclosure Settlement Fails To Force Mortgage Companies To Improve

Posted 08.08.2012 | Business

NEW YORK -- Katie Diaz arrives at the Bronx County Courthouse hoping for clarity, if not a reprieve from the foreclosure case threatening her home. Fi...

Goldman's Victory: Don't Blame Prosecutors

| Posted 08.10.2012 | Business
Read More: Business News

That Goldman will walk away from the mortgage meltdown without incident has occasioned predictable hand-wringing about the supposed timidity of the government's cops on the beat. But the problem here is not the prosecutors: It is the rules under which they are working. It is the regulatory abdication that enabled a predatory mindset to capture American finance.

In Romney's America, Welfare Is for Losers

| Posted 08.13.2012 | Business

Mitt Romney would like you to know that he thinks poor people are con artists who don't want to work, and he is intent on protecting you, the taxpayer, from underwriting their depraved lifestyle.

For Obama, Racism Comes From Supporters As Well As Opponents

| Posted 08.24.2012 | Politics

Ta-Nehisi Coates has done a great public service with his latest offering in The Atlantic, a powerful exploration of the racial fault lines that President Barack Obama must perpetually negotiate, limiting his potency on a range of crucial issues.

For GOP, Pitfalls In Ignoring Poor

| Posted 08.27.2012 | Business

Almost a decade ago, then-Massachusetts Gov. Mitt Romney delivered a State of the Commonwealth address in which he struck a now familiar pose. Here wa...