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Archive for May, 2011

The People VS Goldman Sachs – Matt Taibbi’s Review of the Senate Investigative Report

16 May

For our readers who missed it, we posted the Senate Investigative Report here when it came out.   Here’s some good reporting from Matt Taibbi on the report for those who do not have the patience to read the entire 650 page report. The People VS Goldman Sachs   They weren’t murderers or anything; they [...]

 

In Michigan: Facing the Music of MERS Failed Foreclosures

05 May

Closings canceled on some bank-owned homes after court rules against MERS   Local Realtors say title companies are canceling closings on some bank-owned homes after a recent Michigan Court of Appeals decision made it more risky to insure them. Late last month, the court ruled the Mortgage Electronic Registration System lacks authority to foreclose by [...]

 

Mike Krieger on The Big Lie – Guest Post at Max Keiser Hits the Nail on the Head

05 May

This piece by Mike Krieger provides much needed insight into the current financial roilings – the war is on between the truth and lies – and the two quotes at the front of the piece set exactly the right tone. For those of us who have been paying attention for longer than the years since [...]