Category Archives: financial meltdown

Bank of America Forgot to Bribe Obama

Posted on December 22, 2011 by Matt Osborne

Share the post “Bank of America Forgot to Bribe Obama”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailBank of America has agreed to a $335 million settlement over charges of racial bias. Two memes can be put to rest: one, minorities did not cause the meltdown — they … Continue reading →

Posted in financial crisis, financial meltdown, financial regulation | Leave a comment

Bank Of America Enters The Bunker

Posted on January 3, 2011 by Matt Osborne

Share the post “Bank Of America Enters The Bunker”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail After the Forbes Assange interview, Bank Of America set out to prepare for the damage. NYT: Since then, a team of 15 to 20 top Bank of America officials, led by … Continue reading →

Posted in Banks, financial meltdown, WikiLeaks | 1 Comment

Wiki Cables Were Chaff; Target BOA; Is MERS On Deck?

Posted on December 1, 2010 by Matt Osborne

Share the post “Wiki Cables Were Chaff; Target BOA; Is MERS On Deck?”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailI was right, the US diplomatic cables were timed to the Forbes article — and Assange has Bank of America in his sights. Wikileaks often runs into problems … Continue reading →

Posted in financial crisis, financial meltdown, open source intelligence | 2 Comments

Morning Awful: Who Owns My Mortgage?

Posted on November 17, 2010 by Matt Osborne

Share the post “Morning Awful: Who Owns My Mortgage?”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailIn order to create the 2008 financial crisis and credit meltdown, a gigantic machine for making money out of money out of money first had to be invented and constructed, invisible to … Continue reading →

Posted in credit crunch, financial crisis, Financial Derivatives, financial meltdown, Morning Awful | Leave a comment

Where Bloggers Go Wrong, I Think

Posted on October 12, 2010 by Matt Osborne

Share the post “Where Bloggers Go Wrong, I Think”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailDavid Axelrod has been floating the idea that banks just need a little more time, is all, after banks spent the last 27 months avoiding responsibility for mortgage fraud, therefore a national … Continue reading →

Posted in financial crisis, financial meltdown, Financial Reform, firebaggers | Tagged mortgage fraud | Leave a comment

Foreclosure Fever

Posted on October 11, 2010 by Matt Osborne

Share the post “Foreclosure Fever”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailThe president used his “pocket veto” last Friday to strike down an ugly bill that would have let banks foreclose on homes with out-of-state notaries. This was the banks’ way of trying to deal with all … Continue reading →

Posted in financial crisis, Financial Derivatives, financial meltdown, Financial Reform, financial regulation | Tagged foreclosure, MERS | 1 Comment

The Fannie Mae, Freddie Mac Firebreak

Posted on May 10, 2010 by Matt Osborne

Share the post “The Fannie Mae, Freddie Mac Firebreak”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailCan we just review one important fact about these two institutions before we have a Senate debate on them? They were both privatized in 1968 — a fact central to the story … Continue reading →

Posted in financial crisis, Financial Derivatives, financial meltdown, Financial Reform, financial regulation | Leave a comment

Trembling Titans Of Wall Street?

Posted on April 14, 2010 by Matt Osborne

Share the post “Trembling Titans Of Wall Street?”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailIt seems the banks are suddenly rethinking their approach to the mortgage crisis. BOA and Citigroup now agree that judges should be able to fix a mortgage in bankruptcy court. Nasiripour reports: In … Continue reading →

Posted in fiasco, financial crisis, Financial Derivatives, financial meltdown, mortgage crisis | 1 Comment

Now Would Be A Good Moment For Tim Geithner to Crave More Time With His Family

Posted on March 23, 2010 by Matt Osborne

Share the post “Now Would Be A Good Moment For Tim Geithner to Crave More Time With His Family”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail The attempted rescue of Lehman Bros. apparently amounted to the Fed buying shit securities: “The Fed legally is forbidden from taking … Continue reading →

Posted in financial crisis, financial meltdown, Timothy Geithner | Leave a comment

Consumer Financial Protection Bureau

Posted on March 16, 2010 by Matt Osborne

Share the post “Consumer Financial Protection Bureau”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailYes, firebaggers, Dodd has killed the CFPA after all…and replaced it with a CFPB that has authority to rewrite all lending rules. Elizabeth Warren loves it, but I’m sure someone can explain to me … Continue reading →

Posted in 11-Dimensional Chess, financial crisis, financial meltdown, Financial Reform, financial regulation | Leave a comment

Failure to Disclose

Posted on March 11, 2010 by Matt Osborne

Share the post “Failure to Disclose”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailVia Shahien Nasiripour at HuffPo: The examiner in charge of investigating the bankruptcy of venerable Wall Street investment house Lehman Brothers, the most expensive bankruptcy in U.S. history, said in a report publicly released Thursday … Continue reading →

Posted in financial crisis, financial meltdown, Financial Reform, financial regulation | Leave a comment