Treasury Seizing Profits from Fannie Mae and Freddie Mac in Violation of the...
Here’s a good story: A business runs into a serious crisis-a fire, or flood, whatever, the detail is less important than the magnitude of the problem, which is an existential threat to the continuation...
View ArticleIndividual Home Ownership: The Aspirational Heart of the Mortgage “Reform”...
Blogging for Reuters on August 9, Zachary Karabell, identifies the cultural imperative that fueled The Great Financial Crisis of 2008: the desire of individuals to own their own homes. Karabell makes...
View ArticleBREAKING NEWS: HELL FREEZES OVER – Ralph Nader Aligns with the American...
The media buzz this past week includes reports that Ralph Nader and American Enterprise Institute agree that investors in Fannie and Freddie are being ripped off by the federal government! BuzzFeed,...
View ArticleInvestments and the Rule of Law
“If you can look into the seeds of time and say which grain will grow and which will not, speak then to me…” (William Shakespeare, Macbeth, Act I, Scene 3) Investors of all stripes no doubt relate to...
View ArticleMore Crystal Ball Gazing On Mortgage “Reform”
Lots of people are looking into lots of crystal balls trying to figure out what will become of Fannie Mae and Freddie Mac. HUD Secretary Ray Donovan on February 12, told Politico’s Morning Money...
View ArticleFormer FDIC Chief Answers The Question I Asked Bob Corker
Nearly a year ago, I had the opportunity to have breakfast with Senate Banking Committee Ranking Minority Member, Sen. Bob Corker [R-TN]. OK . . . the imperative of full disclosure requires that I...
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