My dear friend Rasanath was revealed as a born-again banker in his new incarnation as Bhakti Yoga monk. RD left the gilded halls of investment banking two weeks before the fall of Lehman in September 2008 to take a vow of poverty and chastity in search of deeper truth.
There is something new going on in this millennium, something really exciting. A shift in the way we think from an exclusive sense of "what's in it for me?" to an inclusive sense of "what kind of world are we co-creating?"
Low-key and boyish-looking at 55, New York Attorney General Eric Schneiderman is the American progressive movement's best and probably last hope for some kind of public retribution against the banksters.
It is clear now that the banks have got to take the whole lot of toxic waste securities back. Trillions of dollars worth. The banks are toast. There is no cooking of the books that will turn this blackened toast back to bread.
Last week, the Federal Reserve was forced by law to release the details of its back-door bailout of the global financial system. These later purchases represent the real risk for taxpayers in the Fed's continuing bailout activities
Assuming an average of 500 mortgages per week, this year alone, Southern Essex County has lost a potential $1.95 million in recording fees because of the MERS system of "avoiding" recording assignments.