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Mortgage Backed Securities

Hollywood: Wall Street's Next Betting Ground

Mother Jones | Nick Baumann | Posted 05.25.2011 | Business

If you thought the mortgage-backed securities and other complex financial instruments that crashed the economy were risky, you'll love Wall Street's l...

Shahien Nasiripour

Money Manager Says Interest Rate Worries Are Unfounded

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

As the Federal Reserve's trillion-dollar intervention to prop up the housing market comes to an end, the Obama administration and others have focused ...

Glass-Steagall and Insider Trading

Reese Schonfeld | Posted 05.25.2011 | Business
Reese Schonfeld

I wish to make clear that this is purely hypothetical. If anything like this actually happened, I was not in the room. Therefore, I ask you to consider it as purely a supposition.

Federal Reserve Testing Strategy to Exit Securities Program

nytimes.com | EDMUND L. ANDREWS | Posted 05.25.2011 | Business

The Federal Reserve said Monday that it would begin testing its strategy to shrink its trillion-dollar portfolio of mortgage-backed securities and eve...

Shahien Nasiripour

The Economist The Obama Administration Should Have Listened To

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Eight months ago, the Obama administration launched a plan to help troubled homeowners avoid foreclosure by providing $75 billion in taxpayer funds to...

Commercial Real Estate Is an Impending Disaster

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Many of us know of people who have lost their homes through foreclosure. To a lesser extent we hear about struggling commercial properties vying for a limited pool of tenants.

Fund Will Let Public Buy Troubled Assets

nytimes.com | MICHAEL J. De La MERCED | Posted 05.25.2011 | Business

Here is the latest pitch from Wall Street: those troubled assets at the banks could turn out to be gold for you. That is the line from BlackRock, t...

The Mystery of the Missing Unemployed Man: On Jobs and Banks

Barbara Garson | Posted 05.25.2011 | Business
Barbara Garson

People are speculating on derivatives and derivatives of derivatives because there's no action in the real world.

Returning to the Scene of the Crime

Andrew Reinbach | Posted 05.25.2011 | Business
Andrew Reinbach

We can expect a new wave of mortgage-backed bond defaults to hit the headlines any day now.

Weekly Audit: Ending the Economic Status Quo Economy NewsLadder

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

by Zach Carter, TMC MediaWire Blogger The banking lobby still holds enough sway inside the Beltway to torpedo sensible consumer protection rules, ev...

Rising Transparency -- One Way to Avoid Massive Market Failure

Andrew Winston | Posted 05.25.2011 | Business
Andrew Winston

A renewed transparency drive may be fueled by the latest emotional issue of the day -- executive pay and bonuses. Let's list everyone who got these bonuses and let the court of public opinion be the judge.

The Reality Behind Real Estate

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

The Obama team feels it is better to artificially prop up home prices at an unsustainable level rather than have them retreat to a price that can be supported by the free market.

Automakers: Apology Accepted

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

If we are honest with ourselves, we realize that the very mistakes the leadership of GM, Chrysler, and Ford have made are all too recognizable in ourselves -- even if there are drastic differences of scale.

Will someone tell Hank it's time to change course in the financial bailout?

David Paul | Posted 05.25.2011 | Business
David Paul

The longer this goes on, the more absurd it is becoming. Hank Paulson may know what he is doing. He may have insight that is lost on the rest of us. ...

Goldman's Revolving Door: Who is Protecting Whom?

Robyn O'Brien | Posted 05.25.2011 | Business
Robyn O'Brien

Goldman went on a shopping spree buying up mortgages -- yours, mine and your neighbors, and bought 8,274 of them.

Greed in the Economy: It's the Morality, Sinner

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

Our financial collapse is the fiscal consequence of the economic philosophy that markets are always good and government is always bad. But it is also the moral consequence of greed.

Fed Acts To Ease Strain On U.S. Economy

New York Times | Edmund L. Andrews | Posted 05.25.2011 | Business

Impelled to take extraordinary measures for the second time in less than a week, the Federal Reserve moved on Tuesday to subdue the deepening crisis i...