38 days ago by Bombkamp

Reuters | JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans. US Bank NA wants to force JPMorgan to buy back the mortgage loans because of alleged brea ...

42 days ago by aaron

Robert Stowe England Author and Financial Journalist (Full Bio) This week Bruce is joined once again by Robert England. Robert is a journalist and author who has written extensively on mortgage finance, banking, retirement policy, and the financial and economic impact of aging population. His most c ...

59 days ago by Frederick E. Allen

Richard Kovacevich This guest post is an interview with former Wells Fargo chairman and chief executive Richard Kovacevich, who challenges much of what is becoming conventional wisdom about what drove the financial crisis. It was conducted by William M. Isaac, senior managing director and global hea ...

61 days ago by dinsfla

Mortgage Fraud Bear Stearns Lender Processing Services Mortgage Electronic Registration Systems Action Date: December 11, 2011 Location: Jacksonville, FL There is substantial evidence that mortgage servicing companies and their lawyers are continuing to file fraudulent mortgage assignments in county ...

65 days ago by Brett Sherman

RISKY BUSINESS IS (usually) OK IF CLEARLY DISCLOSED TO INVESTORS. HOWEVER, MATERIAL MISREPRESENTATIONS ABOUT RISK APPETITE and APPROACH TO RISK MANAGEMENT are a whole different story... By Brett Sherman, The Sherman Law Firm Deception is the essence of fraud. Bear Stearns deceived investors (and the ...

65 days ago by Joan Anglada

Qui seria el boig que aixecaria un gran reialme financer amb l’únic objectiu de destruir-lo després? Els meus esforços han sigut diversos per aixecar imperis del no res utilitzant operacions palanquejades. Les explicacions, punt a punt, les vaig deixar ben escrites en el que vaig denominar “Laborato ...

73 days ago by Joe Bonilla

Over Thanksgiving week, my two roommates and I did what most 25 year old guys of distinction do in the early evening: play ‘Monopoly’ on our Sega Genesis. Yes – Sega Genesis (we collectively agree console games stopped being fun when they went to the interwebs, but that’s another story). Anyway, mos ...

73 days ago by Warren Meyer

The profusion of plans and proposals to "solve" the European debt crisis certainly have me confused. At first I thought this was simply because I am a financial neophyte and simply did not understand what was going on. But clearly even experienced financial folks must be confused as well, as the US ...

74 days ago by dinsfla

This will never end and the fraud will go on forever with no end in sight. REUTERS- Bond insurer Assured Guaranty Ltd filed new claims against JPMorgan Chase & Co over a mortgage-backed security sold by Bear Stearns, saying more than 35 witnesses have come forward to testify about how loans in the $ ...

76 days ago by allanmadams

With what looks like a coming collapse with the banking program and the Federal Reserve taking steps to make the scenario significantly worse, the Panic of 2008 seems to be just beginning. The cost of gold and oil maintain growing as inflation and interest rate manipulation are creating a flight of ...