TRANSCRIPT: Obama Presses Banks to Lend, Accept New Regulations
By Rick Newman USNews An imagined conversation: President Obama: Thanks for coming to the White House, everybody. I know how miserable it is to fly commercial, …
By Rick Newman USNews An imagined conversation: President Obama: Thanks for coming to the White House, everybody. I know how miserable it is to fly commercial, …
By BEN NUCKOLS (AP) BALTIMORE — A federal judge suggested Monday that he might restrict the scope of a first-of-its kind lawsuit filed by the …
Gretchen Morgenson does it again! Get Ready, Get Set, Point Fingers By GRETCHEN MORGENSON Published: December 12, 2009 DURING the lending mania, as Wall Street’s …
Indy Mac claims $474,936.78 still is owed two weeks after Justice Jeffrey Spinner ordered the mortgage canceled. Source: Judge orders parties back to court in …
Financial Reform: Cramdown Fails, CFPA Preserved Dec. 11 (Bloomberg) — Republican lawmakers defeated a mortgage “cram-down” amendment that would have given federal judges the power …
Priority? What’s That? “If you wondered how ugly things would get in terms of lenders ignoring priority (after the government wantonly did so) here’s your …
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 …
PRODUCE THE NOTE IN CALIFORNIA “Recently, California courts have dismissed any causes of actions having to do with “Produce the Note” claiming that “California courts …
“The Florida Uniform Commercial Code speaks of the transferable right of enforcement of the secured obligation, commonly referred to as the “promissory note”. Generally, the …
Market Ticker – Karl Denninger Gee, so you mean that there are some people in The Senate who actually understand what Bernanke has been up …