Category Archives: Financial Reform

Restoring Economic Facts

Posted on May 12, 2011 by Matt Osborne

Share the post “Restoring Economic Facts”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailGalleon Group LLC co-founder Raj Rajaratnam is guilty on all counts: Although Rajaratnam never testified at his trial, the jurors heard his voice on dozens of tapes, and they did not paint a flattering portrait. … Continue reading →

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

Morning Awful: Foreclosure Fever

Posted on May 6, 2011 by Matt Osborne

Share the post “Morning Awful: Foreclosure Fever”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailAt HuffPo, Shahien Nasiripour reports that active duty military members have been victims of illegal foreclosure: The GAO report, which focused on problems in the mortgage industry and the lack of federal oversight, is … Continue reading →

Posted in Financial Reform, financial regulation, Morning Awful | 2 Comments

The Culture Of Criminal Capital

Posted on January 25, 2011 by Matt Osborne

Share the post “The Culture Of Criminal Capital”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailMuch to everyone’s surprise, HuffPo’s Shahien Nasiripour reports, the Financial Crisis Commission has ended its work by referring Wall Street malfeasance to prosecutors: Richard Bowen, former chief underwriter for Citigroup’s consumer-lending unit, testified … Continue reading →

Posted in financial crisis, Financial Reform, financial regulation | 1 Comment

Fed: End Foreclosure Abuse

Posted on January 5, 2011 by Matt Osborne

Share the post “Fed: End Foreclosure Abuse”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailPut it in the just-like-Bush file: WASHINGTON — The Federal Reserve has reversed its opposition to new rules reining in foreclosure abuses, and will support stronger regulations on the nation’s largest banks, according to … Continue reading →

Posted in Financial Reform, financial regulation | Leave a comment

Morning Awful: No Bailout For Democracy

Posted on October 25, 2010 by Matt Osborne

Share the post “Morning Awful: No Bailout For Democracy”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailFrom WaPo: Companies that received federal bailout money, including some that still owe money to the government, are giving to political candidates with vigor. Among companies with PACs, the 23 that received … Continue reading →

Posted in Financial Reform, Morning Awful | Tagged 2010, bailout, Elections, midterm, TARP, wall street | 1 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

Media Drops Finance Reform Bombshell

Posted on August 16, 2010 by Matt Osborne

Share the post “Media Drops Finance Reform Bombshell”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailThe president managed to get a consumer reform bill out of Congress, and the details look good. As HuffPo tells it: The era of the $35 cup of coffee has come to an … Continue reading →

Posted in 11-Dimensional Chess, Financial Reform | Tagged american, fail, failure, fiasco, movement, movements, political, politics, tea party | 1 Comment

Unions Pay $10 Million For Volcker Rule

Posted on June 11, 2010 by Matt Osborne

Share the post “Unions Pay $10 Million For Volcker Rule”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail Wednesday morning, the White House staff was admonishing unions for spending $10 million in a primary challenge that came within four points of unseating Arkansas’ Blanche Lincoln. By this morning … Continue reading →

Posted in 11-Dimensional Chess, Financial Reform, Sen. Blanche Lincoln (D-AR) | Leave a comment

Brownback Mountain

Posted on May 13, 2010 by Matt Osborne

Share the post “Brownback Mountain”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail The Senate voted yesterday to stop incentivizing mortgage fraud. Mortgage brokers and loan officers will no longer earn more for sticking a higher interest rate in the fine print, and they have to prove you … Continue reading →

Posted in Financial Reform, financial regulation, mortgage crisis, Sam Brownback, veterans issues | Leave a 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 →