IRS Form 938 – I Have No Idea If This Is Important But It Sure is Curious

From Matthew Weidner Sometimes this all becomes a bit too overwhelming, trying to unravel this whole foreclosure cataclysm.  This is so far beyond the simple situation where a borrower borrows money from a bank and doesn’t pay….that bank is clearly entitled to their money back. I’m a fairly bright guy with a good education and … Read more

The Market Ticker – Consumers Learning From Banksters

The Market Ticker Posted by Karl Denninger No surprise here…. Foreclosure has allowed them to stabilize the family business. Go to Outback occasionally for a steak. Take their gas-guzzling airboat out for the weekend. Visit the Hard Rock Casino. Yes, the tone of the article is rather negative toward these individuals. Guess what – I … Read more

Another 2nd DCA Smackdown – Howell v. ED BEBB, INC., 2D09-3664 Summary Judgment Reversed

IN THE DISTRICT COURT OF APPEAL OF FLORIDA SECOND DISTRICT DAVID B. HOWELL and DAVE B. ) HOWELL, LLC, Appellants, v. Case No. 2D09-3664 ED BEBB, INC., Appellee. Opinion filed May 28, 2010. Appeal from the Circuit Court for Polk County; Karla Foreman Wright, Judge. Matthew J. Conigliaro, Annette Marie Lang, and Stephanie C. Zimmerman … Read more

The Giant Pool of Money – How They Transferred the Wealth

Random Repost. Blast from the Past. Going to start off each day with a random repost from the archives… The Giant Pool of Money “The problem was that even though housing prices were going through the roof, people weren’t making any more money. From 2000 to 2007, the median household income stayed flat. And so … Read more