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Subprime Mortgage

The Secrets To Goldman Sachs' Success: Contrary Bets, Predatory Lending, Government Connections, Offshore Tax Havens

McClatchy | Greg Gordon | Posted 11.01.2009 | Business

Read More: Foreclosures, Paulson, Regulation, Recession, Obama, Reform, Lloyd Blankfein, Mortgage Related Swaps, Mortgages, Goldman Sachs, Aig, Mississippi, Bailout, Predatory Lending, Securities Act of 1933, Blankfein, Hank Paulson, Foreclosure, Housing Crisis, Goldman Sachs Mortgage, Real Estate, Wall Street, Tax Havens, Housing Market, Blue Chips, Calpers, Derivatives, Moody's, Offshore, Tim Geithner, High Yield Bonds, Hedges, Barack Obama, Nyse, Cayman Islands, Banks, Sec, Subprime Mortgage, Economy, Business News

WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...

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Shahien Nasiripour

Reverse Mortgages Are "Subprime Revisited," Says Consumer Law Group

HuffingtonPost.com | Shahien Nasiripour | Posted 10.06.2009 | Business

Read More: National Consumer Law Center, Subprime Mortgage Market, Mortgages, Reverse Mortgages Elderly, Reverse Mortgages, Subprime Mortgage, Business News

Many of the now-discredited practices that enabled the subprime mortgage market to boom and then bust have reappeared in the reverse mortgage business...

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Realities of the Economic Crisis

Michael de Portu | Posted 05.21.2009 | Business

Read More: Credit Swaps, Derivative Guarantees, Sheldon Filger, Goldman Sachs, Economy, Enron, Nouriel Roubini, Financial Crisis, Fannie and Freddie, Bernie Madoff, Subprime Mortgage, Merill Lynch, Recession, Financial Fraud, Mortgage Crisis, Business News
Michael de Portu

Financial fraud typically takes a long time to detect and yet, paradoxically, the tell-tale signs are (almost) always in plain sight.

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Predatory Lending Gets a Boost from the NYT

Tram Nguyen | Posted 12.22.2008 | Business

Read More: Financial Crisis, Payday Lending, Economy, Nix Check Cashing, Nix/Kinecta, New York Times, Payday Loans, Kinecta Federal Credit Union, New York Times Profile, Subprime Mortgage, Business News
Tram Nguyen

After the Pentagon documented the adverse impact of predatory lending on military personnel, Congress prohibited payday lenders from making loans to active duty service members.

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Tales of the Subprime: Troubled Asset on a Bender

Karen Dalton-Beninato | Posted 10.25.2008 | Chicago

Read More: John Mccain Debate, Sarah Palin Debate, Subprime Mortgage Crisis, George Bush Speech, Troubled Asset, George Bush, Chicago Mayor Richard Daley, John McCain, John McCain Wall Street Crisis, John McCain David Letterman, Sarah Palin, Subprime Morgage Crisis, Subprime Mortgage, Chicago News
Karen Dalton-Beninato

"Can I see some ID?" "Don't have any," said the faded manila folder listing toward a bottle of Jack Daniels. "Proof of income?" the bartender asked ...

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She's Clueless, He's Worse

Robert Scheer | Posted 10.10.2008 | Politics

Read More: Freddie Mac, Robert Scheer, Economy, Sarah Palin, Pornography of Power, Obama, Subprime Mortgage, John McCain, Fannie Mae, President, Ponzi Scheme, Politics News
Robert Scheer

Ignorance is bliss, which perhaps explains Gov. Sarah Palin being so confidently wrong about the root cause of the federalization of most of the nation's mortgage market. But what is McCain's excuse?

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