Double Down: Banks Seek New Way To Profit From Foreclosure Mess
Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and inves...
Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and inves...
Posted 12.21.2011
Daniel Mudd, the embattled former chief executive of mortgage financing company Fannie Mae, is taking a leave of absence from his current job as h...
Reuters | Posted 05.25.2011
(Reuters) - Daniel Mudd, the former CEO of government-sponsored mortgage firm Fannie Mae, has received notice from U.S. regulators that he may fac...
The Huffington Post Investigative Fund | Fred Schulte | Posted 05.25.2011
Story by The Huffington Post Investigative Fund, originally posted at The Center For Public Integrity. When Florida retiree Gladys Walker fell behi...
Huffington Post | Sara Yin | Posted 05.25.2011
For billionaires, suffering a massive loss of wealth probably has a different effect than for, say, a millionaire's. But in relative terms, the glob...
The Colorado Independent | David O. Williams | Posted 05.25.2011
Two lenders -- Lehman Brothers and Davidson Kempner - have begun foreclosure proceedings against Intrawest Holdings, owner of Whistler and several Col...
AP | STEVENSON JACOBS | Posted 05.25.2011
NEW YORK (AP) -- Music lovers weren't the only ones drawn to the King of Pop. Wooed by his global fame and earning power, a bevy of financial firms po...
bloomberg.com | Miles Weiss | Posted 05.25.2011
March 30 (Bloomberg) -- Blackstone Group LP, the world's largest private-equity firm, rebuffed a request from securities regulators to publicly disclo...
Time | Bill Saporito | Posted 05.25.2011
#1. The Public Invests in Blackstone Group It was only a matter of time before the private equity firms let the public in on the game -- for an infla...
HuffingtonPost.com | Janell Ross | Posted 12.28.2011