US Taxpayers Bailing Out Big Banks Again
By Jill Schlesinger
The Financial Times is reporting that taxpayers will subsidize a large portion of the $25 billion mortgage settlement, which was broken down into two distinct pieces.
http://www.informationclearinghouse.info/article30567.htm
Foreclosure abuse rampant across U.S., experts say
The audit of almost 400 foreclosures in San Francisco found that 84 percent of them appeared to be illegal, according to the study released by the California city on Wednesday.
http://reut.rs/z2FTva
The 50-State Foreclosure Settlement
Why Hasn t Anyone Gone to Jail?
By Mike Whitney
Homeowners have lost $8 trillion in home equity (in the last 4 years) and 11 million people are currently underwater on their mortgages. All of this is unprecedented. All of this is the result of fraud.
http://www.informationclearinghouse.info/article30614.htm
From Information Clearing House
--------
Mortgage Settlement: 'We are Bailing Them Out Again!'
http://www.commondreams.org/headline/2012/02/17-0
Obama Sells Out Homeowners Again: Mortgage Settlement a Sad Joke
http://www.commondreams.org/view/2012/02/23-3
--------
Mortgage-Backed Securities Make a Comeback, Despite Similar Risks
Azam Ahmed, The New York Times News Service: ''Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart.... Mr. Lippmann is joined by other big-money investors, mutual funds like Fidelity as well as hedge funds, in riding a wave of interest in the same complex loan pools that nearly washed away the financial system.''
http://www.truth-out.org/mortgage-backed-securities-make-comeback-despite-similar-risks/1329673052
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+system
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=foreclosure
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=loans
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=securities
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=homeowner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Money
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=hedge+fund
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=taxpayer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jill+Schlesinger
http://freepage.twoday.net/search?q=Azam+Ahmed
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
-----
The Financial Times is reporting that taxpayers will subsidize a large portion of the $25 billion mortgage settlement, which was broken down into two distinct pieces.
http://www.informationclearinghouse.info/article30567.htm
Foreclosure abuse rampant across U.S., experts say
The audit of almost 400 foreclosures in San Francisco found that 84 percent of them appeared to be illegal, according to the study released by the California city on Wednesday.
http://reut.rs/z2FTva
The 50-State Foreclosure Settlement
Why Hasn t Anyone Gone to Jail?
By Mike Whitney
Homeowners have lost $8 trillion in home equity (in the last 4 years) and 11 million people are currently underwater on their mortgages. All of this is unprecedented. All of this is the result of fraud.
http://www.informationclearinghouse.info/article30614.htm
From Information Clearing House
--------
Mortgage Settlement: 'We are Bailing Them Out Again!'
http://www.commondreams.org/headline/2012/02/17-0
Obama Sells Out Homeowners Again: Mortgage Settlement a Sad Joke
http://www.commondreams.org/view/2012/02/23-3
--------
Mortgage-Backed Securities Make a Comeback, Despite Similar Risks
Azam Ahmed, The New York Times News Service: ''Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart.... Mr. Lippmann is joined by other big-money investors, mutual funds like Fidelity as well as hedge funds, in riding a wave of interest in the same complex loan pools that nearly washed away the financial system.''
http://www.truth-out.org/mortgage-backed-securities-make-comeback-despite-similar-risks/1329673052
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Obama
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=financial+system
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=foreclosure
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=loans
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=securities
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=homeowner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Money
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=hedge+fund
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=taxpayer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jill+Schlesinger
http://freepage.twoday.net/search?q=Azam+Ahmed
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
-----
Starmail - 18. Feb, 09:22
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