Posted on February 9th, 2010 by Scott Nance
The feckless and laggard performance of the Obama administration’s signature program to keep Americans in their homes has a Democratic senator looking for answers — and improvement in the face of a continuing U.S. foreclosure crisis.
As of Dec. 31, just 66,465 homeowners had received permanent mortgage modifications under the Treasury Department’s Home Affordable Modification Program [...]
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Filed under: In The News
Posted on February 3rd, 2009 by Pamela Leavey
Un-freakin-believable… AP News reported a bit earlier today that Wells Fargo, who “received $25 billion in taxpayer bailout money,” was “planning a series of corporate junkets to Las Vegas casinos this month.”
The company had planned a posh outing for its top mortgage writers to kick off this week at the Wynn Las Vegas. The conference is [...]
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Filed under: Consumers, Corporatism, Corruption, Credit Crisis, Economic News, Economy, In The News, Obama Administration, Pamela Leavey, Political News, Politics, President Barack Obama, Recession, Wall Street
Posted on November 20th, 2008 by Hart Williams
Those gosh darned pirates!
They took advantage of the complete lack of meaningful governance by locating the easy pickings.
And, in so doing, they developed a new criminal tactic based on some very old criminal tactics.
They preyed on the weakest and most vulnerable, and then held them ransom for their extravagant demands.
Sphere: Related Content
Tags: Automobile Title, Bottle [...]
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Filed under: In The News
Posted on October 3rd, 2008 by Stuart O'Neill
Wachovia Bank has had serious net worth and financial issues for months. Just last week Wachovia agreed to be merged with Citicorp for $1 a share and an FDIC guarantee against certain losses.
Just yesterday Wells Fargo offered $7 a share with no FDIC involvement. It has Citicorp pissed to the walls which is reflected in [...]
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Filed under: In The News
Posted on May 31st, 2008 by Robert Freedland
Cross-Posted on Stock Picks Bob’s Advice:
A few days ago I discussed how I was looking into an iBond. So I visited my local Wells Fargo Bank and purchased a $5,000 bond for a long-term investment. And the more I thought about, the more I became perplexed about this new limit on individual savings [...]
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Filed under: Afghanistan, Bush Admin, Consumers, Economic News, Economy, Election '08, Foreign Policy, George W. Bush, In The News, Iraq, Military, Political News, Politics, Republicans, Robert Freedland, War
