The Most Popular Stock in Congress
“One-fifth of the members of Congress own this company’s stock, making it the most popular investment among members of the House and Senate.
A) Apple (Nasdaq: AAPL)
B) Bank of America (NYSE: BOA) Continue reading
Fannie Mae Pushed Banks to Foreclose
By Todd A. Heywood, Michigan Messenger
17 August 11
Revelations called ‘disgusting,’ but not surprising.
Michigan leaders in the fight against the foreclosure crisis reacted strongly Sunday to revelations that mortgage giant Fannie Mae appears to have been pushing banks to foreclose on homeowners rather than continue negotiating loan modifications. Continue reading
Editor’s note: Please participate in the Poll at the end of the Post.
The Daily Ticker Reports that last Friday Bank of America received ANOTHER so-called “bailout” using tax payer funds. They never really went away so don’t call it a comeback…but it’s been a big week for bailouts.
Bank of America Corp. has agreed to sell part of its home-loan portfolio to government-controlled housing giant Fannie Mae, as the bank looks to shed assets and pare its exposure to an array of mortgage woes. Rithoitz, Blodget and Task have a lively discussion about the Fannie Continue reading
Reader Supported News | Perspective
f you were a patient in intensive care, sick and in pain, what would you say to a doctor whose only recommendation was cutting off your blood supply, meals and therapy, and redirecting your pain medicine to another patient who was already healthy and well? Would you follow your doctor’s orders, or sue them for malpractice? Continue reading
Posted By Reader Supported News / 02 August 11 AM
Keith Olbermann | Four Great Hypocrisies of the Deal
Keith Olbermann, Special Comment/Current TV
“Keith Olbermann’s Special Comment on the four great hypocrisies of the debt deal and the necessity of taking the governance of this nation back from politicians.”
Deadly Clear 