Category Archives: financial regulation

Morning Awful: Freddie Mac

Posted on January 31, 2012 by Matt Osborne

Share the post “Morning Awful: Freddie Mac”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mailPrivatized in 1968, Freddie Mac was late to the subprime game. Its status as a “government sponsored entity” gave it a certain chip on the shoulder about profitability — so it bought in big, … Continue reading →

Posted in financial crisis, financial regulation, Morning Awful, mortgage crisis, Obama's Wars | Tagged freddie mad, gses | Leave a comment

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

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

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

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 →

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

Ron Paul Triangulates Shelby

Posted on May 2, 2010 by Matt Osborne

Share the post “Ron Paul Triangulates Shelby”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail This ad has started showing up all over Huffington Post lately. Click it and you’ll visit Ron Paul’s Campaign For Liberty, otherwise known as C4L, where a set of Frank Luntz and Paulite … Continue reading →

Posted in financial crisis, Financial Reform, financial regulation, firebaggers, Gold Standard, Republicans Meet The Teabag Terror, ron paul, Senator Shelby | Leave a comment

Wheat From Chaff

Posted on April 20, 2010 by Matt Osborne

Share the post “Wheat From Chaff”FacebookTwitterGoogle+PinterestLinkedInDiggStumbleUponE-mail Suddenly, Senate Republicans aren’t insisting on scrapping the financial reform bill to start over: Senator Richard Shelby (R-Ala.) said on Tuesday that negotiations between Republicans and Democrats over financial reform legislation have progressed to … Continue reading →

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