How to Solve the US Housing Problem and Avoid a Recession: A Revived HOLC and RTC (tags)
In 1933, Congress passed the Glass-Steagall Act, which banned banks from underwriting securities. Financial institutions had to choose either to be a simple bank lender or an underwriter (investment banker or brokerage firm).
Trump Voids Dodd-Frank 1504 Transparency Rule (tags)
President Trump signed into law Congressional action to void requirements that the oil, gas and mining industries report financial activity in countries where they operate.
The Financial Crisis in the Light of the Social Market Economy (tags)
In 2007 and 2008 the US housing market almost completely collapsed. The crisis was brought about by a combination of state- and market failures. Extensive deregulation and violation of the liability principle were jointly responsible.
Fed
Bernanke Stays the Course (tags)
Fed
Goldman Sachs Trader Conviction: Hold the Cheers (tags)
class war
Wall Street's in Good Hands with Mary Jo White (tags)
Wall Street
Goldman Sachs Free to Keep Stealing (tags)
fraud
Duplicitous Mortgage Settlement Deal (tags)
class war
Shock Strategy for Europe (tags)
The cocktail of social cuts, deregulation and privatization struck societies like a blow. The economy hit the wall; social securities were taken away. The debt problems were used as "timely opportunities" to gain new ground for the free market.
class war
Why isn't Wall Street in Jail? (tags)
Judicial corruption is at the heart of the matter.
AFTER TAKING 750 BILLION $$ BAILOUT THEY NOW ARE ALSO DEMANDING 2 TRILLION $$ TAX CUTS ? (tags)
WOW ~ OUR AMERICAN WEALTHY ELITE REALLY MUST THINK OUR MIDDLE~CLASS AMERICANS CAN CONTINUE TO BE FOOLED AGAIN INTO BUYING INTO THEIR BILLIONAIRE MULTI~MILLIONAIRE ESTATE & PERSONAL TAX CUT WELFARE SCENE ??
U.S. SENATOR BLANCHE LINCOLN ONLY SHOPS TIFFANY'S !!! (tags)
~ WEALTHY ELITE AMERICANS DO NOT SHOP AT WALMART,THEY SHOP AND BUY IN THE PEOPLES U.S. CONGRESS ~
Goldman Sachs: Master of the Universe (tags)
Don't bet against Goldman
Selling Out America to Wall Street (tags)
pillaging American wealth
The Return of the State (tags)
The state is welcome again in this plight. The brazenness with which those who caused the crisis now demand state subsidies to bailout the financial system is just as breathtaking as the state readiness to fulfill this demand.
"Tim Geithner made clear the US government does not plan any breach with disaster capitalism....No wonder Wall Street cheers. New life is breathed into speculation at state expense with junk securities.."
Reviewing Ellen Brown's "Web of Debt:" Part V (tags)
Part V of Federal Reserve plunder
FDR's New Deal v. Obamanomics in Their First 100 Days (tags)
stark mirror opposites
How the CIA Steals Money From Taxpayers (tags)
In 1989 Catherine Austin Fitts became Assistant Secretary for Housing in Department of Housing and Urban Development (HUD). She began to notice money was not properly tracked as it moved between different HUD departments and there was a lack of proper accounting mechanisms to deal with discrepancies in revenue indicated fraud at an alarming level. [28] She attempted to put in place some credible financial tracking mechanisms to identify where the money was going and to identify the responsible individuals and HUD departments, but after 18 months on the job she was suddenly fired by the Bush administration. Fitts was told the day after she left that her financial reforms through ‘place-based financial accounting and statements’ would also be terminated.
Early Suspicions About Bernard Madoff (tags)
All Wall Street like Madoff
Fed Defies Transparency On Bailout Monies: Refuses to Disclose (tags)
By Mark Pittman, Bob Ivry and Alison Fitzgerald Nov. 10 (Bloomberg) -- The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
Will Bailout Minimize FBI Investigation Who Might Have Sold Fraudulent Loans/Securities? (tags)
Some lenders might have lowered their “own mortgage borrowers’ home values” by continuing to make sup-prime loans to unqualified borrowers in their community—after having “knowledge” the community had high numbers of mortgage defaults and foreclosures.
The biggest systematic looting of the US Treasury in history (tags)
The great depression is about to repeat itself. Investment banks and deposit banks are failing, money has frozen up. No loans business or personal. No money available for employers to make payroll. There will be millions of Americans with no jobs and therefore no money. Basics such as gas and food will be hard to come by and many American families will go to bed at night hungry
Terrorist attack May be cause of Wall Street downturn (tags)
The silence from the investigating camps could mean several things: Either terrorists are responsible for the puts on the listed stocks or others besides terrorists had foreknowledge of the trouble that was about to strike Wall Street or may have even contributed and used that knowledge to reap a nice financial harvest from the instability of the market place.
Banking- and Mortgage Fraud (tags)
The whole great world of money is infected by the banal greed for more and more. Wasn't the art of making more money out of money the most noble and top-paid pursuit? Deregulation and liberalization have consequences for democracy and the economy.
Rating Agencies and Prophets (tags)
Some think rating agencies inevitably take the side of their patrons - to the burden of those who buy these "financial products" in good faith in the objective judgment of the auditors. Of course, the agencies refuse liability.
The Bubble as the Work of Criminals (tags)
A conscious and organized deceit, a criminal fraud, is perpetrated on investors when speculators create marketable securities out of bad mortgages on an overheated real estatemarket.
Billions Dissolve in Thin Air (tags)
While the political class practices faith healing, all the participants know the end is coming when more speculative bubbles burst. The popular dogma that financial markets and the world economy are more efficient when deregulated and liberalized is over.
OTCPicks.com daily market movers digest midday report for July 23rd HTRE, CMKT, CBMC, CNLG (tags)
Giuen Media
Ex Cailfornia Congressman Christopher Cox Frauds (tags)
You will see the war and ponzi scheme connected con artist Christopher 'WMDS' Cox who now heads the U.S. Securities Exchange Commission and who lied about WMDS in Iraq, as head of the House Homeland Security office, sending thousands of Americans to their deaths and perhaps hundreds of thousands of Iraqis to their deaths,now lieing outright about 'naked shorting' in order to help Beltway and far right insiders launder money with shares his SEC refuses to count or audit ! You will see Houston billionaire attorney John O'Quinn(recently in the news chasing Anna Nicole's Smith's funeral procession in hopes of getting a share of her ex petroleum millionaire husband's fortune and clashing with Howard Stern but just as sleeezy as Stern himself only richer from ripping women off in breast plant litigation,Texas tobacco litigation,etc.) who has aided this massive stock fraud as well and was attorney for such money laundering frauds as Stanford University's Endovasc 'biotech' penny stock fraud called Endovasc that has stolen money from American investors and laundered it in terorist suspect money laundering centers such as Kuala Lumpur and Dubai !
Swift,IBM and U.S.Government spying on stock transactions (tags)
Below are pertinent links to the Swift or Society for Worldwide Interbank Financial Telecommunications controversy over allowing the W Bush regime and its CIA and Treasury Department to spy on international banking and securities or stock data with no questions asked.As you will see from one link below,this may have not phased brain dead American public but it has indeed raised ire over seas where complaints against U.S. snooping have been filed in up to 32 countries !
John Reed Stark UAE,SEC,Georgetown University Stock fraud Academic fraud Cyber fraud (tags)
Why does Securities Exchange Commission's John Reed Stark of internet enforcement not enforce ? Why have so many fraudulent internet websites proliferated under his reign of internet securities fraud and cyber fraud terror ? Is John Reed Stark aiding a sick psychological and stock fraud experiment as well as fraud upon investors by doing nothing to stop internet securities fraud and psychological abuse even using religion and death threats as well as fraudulent 'naked shorting' claims,etc. to promote stock fraud ? And the anonymous internet threats come from people he can and has identified already on the world wide web and on ragingbull and Yahoo and their extended websites and yet does nothing about it except to protect the criminals.John Reed Stark and other SEC officials are now responsible for allowing illegal pump and dump scams and probable money laundering with unaudited U.S. penny stocks in Dubai,UAE and for this reason alone should resign in mass or be convicted for this traitorous fraud against Americans.
SEC Commissioner Christopher Cox vows to bring James Dale Guckert/Jeff Gannon to Justice (tags)
According to a quote by Mr.Cox of a few days ago this would appear to be the case. The truth is more likely his and SEC attorneys' wish to gag both professional business journalists including at the WSJ as well as defrauded investors such as myself who wish to blow the whistle on SEC corruption and fraud.
Does NSA Serve SRA International's 'Cookies' ? (tags)
The rumor that SRA International's Barry Landrew may be addicted to gambling and have accumulated debts to pressure him to manipulate and dump his own shares for cash cannot be dismissed lightly.He could even be tempted to allow SRA International's spying apparatus to be used by the criminal 'private' sector if this is true.
Charles Schwab,SRA International,Mantas Inc.,CIA and Bellador Group (tags)
Should the CIA be allowed to both invest in U.S. SECURITIES AND 'ANTI-MONEY LAUNDERING' TECHNOLOGY OR A COMPANY INVOLVED IN 'AML' THAT COULD BE USED BOTH TO DETECT UNUSUAL ACTIVITIES IN STOCKS BUT ALSO TO COVER IT UP ? NOTE,MANTAS WAS IN CHARGE OF CHARLES SCHWAB'S ANTI-MONEY LAUNDERING OPS WHEN JAMES DALE DAVIDSON OF AGORA INC.,BALTIMORE AND THE BELTWAY'S FAR RIGHT NATIONAL TAXPAYERS UNION PROMOTED THE FRAUDULENT ENDOVASC OF MONTGOMERY, TEXAS THROUGH AGORA INC.'S 'VANTAGE POINT' AND MILLIONS OF SHARES WERE DUMPED FROM A SCHWAB ACCOUNT.(I.E.ILLEGAL PUMP AND DUMP SCAM.)
Tell Your Senators to Oppose Christopher Cox as New SEC Chairman (tags)
author: Lee Drutman, CitizenWorks.org Opposition to Christopher Cox as the next chairman of the Securities and Exchange Commission is mounting. But your Senators need to hear that you oppose putting this dangerous right-wing free-market ideologue in charge of the SEC.
Texas Executives arrested for Conspiracy (tags)
Sapio, McDonald, and DeSoto engaged in deceptive trading practices over 3,000 times during 2003.
Stock Fraud, Swindles and the American Way (tags)
Prosecutors have been attempting to stop fraud, but not until the fall of Enron and Arthur Andersen did they do anything about. Even then, it’s the largest violators they're going after, little has been done in support of the common man in penny stock schemes and swindles.