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Putting Foreclosures in Perspective
Posted at Keepin' it real by George Mantor
November 9th, 2009 1:16 pm
Tagged with: default, derivatives, foreclosure, fraud, insured, mortgage, planned
Lenders deliberately made bad loans so they could bet on them to fail. Credit default swaps on defaulted mortgages is where the real money continues to be made.
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Punishing the Banks and Those Who Abetted Them
Posted at Keepin' it real by George Mantor
October 20th, 2009 6:36 am
Tagged with: derivatives, foreclosure, greed, scandal, securitization
Tired of Wall Street rip-offs and crooked politicians? Are you facing financial hardship or foreclosure? Would you like to strike a blow against coporate greed and obscene bonuses. Here's what you can do.
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