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Mortgage Bonds

Feds, States To Charge S&P

Reuters | Posted 02.04.2013 | Business

Feb 4 (Reuters) - Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds...

Finally, One Tiny Financial Crisis Arrest

The Huffington Post | Mark Gongloff | Posted 09.27.2012 | Business

Thing One: Scapegoat Snagged: It appears we may have at long last found a patsy for the financial crisis. Kareem Serageldin, former head of structu...

These Three Words Are Causing A Pavlovian Stock Rally Today

The Huffington Post | Mark Gongloff | Posted 03.07.2012 | Business

Just how addicted is the stock market to the Fed's easy money? We just got a prime example. Late Wednesday morning, stocks were meandering along, n...

Loren Berlin

Court Rules SEC Can No Longer Be 'Yapping, Small Dog'

HuffingtonPost.com | Loren Berlin | Posted 11.29.2011 | Business

When federal judge Jed Rakoff tossed out a proposed settlement between the Securities and Exchange Commission and banking giant Citigroup on Monday, h...

Loren Berlin

Citigroup Settlement Tossed: Judge Tells SEC To Get It Together

HuffingtonPost.com | Loren Berlin | Posted 11.29.2011 | Business

In a potentially precedent setting ruling on Monday, a federal judge in New York tossed out a settlement between the Securities and Exchange Commissio...

Fed's Tarullo: Housing 'Continues To Hang Like An Albatross' On Economy

Posted 12.20.2011 | Business

NEW YORK (Reuters) - The Federal Reserve should consider buying more mortgage bonds to support a fragile economic recovery and a downtrodden housi...

How America Saved Wall Street In Order To Sue It

Bloomberg | Jonathan Well | Posted 11.08.2011 | Business

The Vietnam War gave us the expression, “We had to destroy the village in order to save it.” The same kind of thinking might help explain the U.S....

Justice Department Investigating S&P's Mortgage Ratings

New York Times | LOUISE STORY | Posted 10.18.2011 | Business

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage...

Fed's Balance Sheet Hits Record High

Posted 05.31.2011 | Business

The Federal Reserve's balance sheet grew to another record size in the latest week as the central bank bought more bonds in an effort to support the...

AIG 'Highly Disappointed' It Can't Repurchase All Toxic Assets

AP | Posted 05.31.2011 | Business

WASHINGTON -- The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that th...

Freddie Mac and Fannie Mae Must Marry, Shrink and Change

Jerry Chautin | Posted 05.25.2011 | Politics
Jerry Chautin

But the time is right to merge Fannie Mae and Freddie Mac and form three separate companies. That is the best way to lead the GSEs out of federal conservatorship and repay the taxpayers.