The Rule Behind the Rule

Here we go again with the wall street bonuses for underperformance….

Published on 2010-04-19 00:36:00

            Goldman Sachs Bonuses: Bank Paying Staff Over $5 Billion For Just Three Months Work GREGORY KATZ and GEIR MOULSON | 04/18/10 08:21 PM | LONDON — Goldman Sachs is facing a potential backlash in Europe over the fraud case brought against it in the United States, with Britain's Prime Minister Gordon Brown calling for authorities there to investigate and accusing the investment bank of "moral bankruptcy."Germany also said it would ask for detailed information about the case

AP source: Toyota to agree to $16.4 million fine

Published on 2010-04-19 00:19:00

By KEN THOMAS (AP) TOYOTA RECALL INFORMATIONWASHINGTON — Toyota Motor Corp. is expected to agree to a fine of more than $16 million, the largest government penalty levied against an automaker, for a four-month delay in telling federal authorities about defective gas pedals on its vehicles, a Transportation Department official said Sunday.Toyota faces a Monday deadline to accept or contest the $16.4 million fine over evidence it knew about sticking gas pedals in September but did not issue a re

Mortgage, finance, and wall street news

Published on 2010-04-16 01:49:00

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MUST HAVE Reference and research books on banks, mortgages, foreclosure prevention, foreclosures, real estate law, and poperty law

Published on 2010-04-15 23:57:00

Please find below a few of the most informative books I've read regarding: mortgages, banks, mortgage fraud, foreclosures, and foreclosure law! One of my personal favorites is: 'The skinny on the housing crisis' by Jim Randel. The skinny book is a MUST HAVE for every current and future homeowner!Enter your email address:Delivered by FeedBurner<a href="http://www.mobiltbredband.net">mobilt bredband</a>

“Foreclosure rescue" companies help banks take your home

Published on 2010-04-15 00:26:00

With foreclosures consistently on the rise so are the scams, tricks, and get rich quick at your expense schemes. In other words, the slimy mortgage 'brokers' who created the current housing crisis by using straw buyers to originate fraudulent loans, turning the Stated Income Loan into the 'liars loan', and using any other unscrupulous/fraudulent tactic to 'get rich quick' have now infiltrated the foreclosure prevention industry. Unfortunately, their decision to assist homeowners in trouble is no

Banks toxic "mortgage" assets may not be ‘toxic’ for "homeowners"

Published on 2010-04-14 03:25:00

Last Wednesday former Federal Reserve Chairman, Alan Greenspan, went to bat for the Federal government and its' role in the housing crisis that instigated the U.S. financial meltdown. According to the Los Angeles Times, Greenspan purportedly stated, "…regulators alone couldn't stop financial crises." He went on to recommend imposing more stringent regulations on banks by increasing the mandatory amount liquid assets and collateral they are supposed to have on hand.I am still trying to understa