Robin Williams’ Wall Street Jokes Make Charlie Rose Laugh Hysterically
Robin Williams 1951-2014
We will miss you Robin.
Reply
Tag Archives: “Wall Street”
Rolling Rebellion, Lawyers and Citizens Protest Seattle Bankster UCC Uniform Law Conference
Coming up on July 11th is the national Uniform Law Committee conference in Seattle at the Westin Hotel.
Whether or not you are in foreclosure, if you own a home and have a mortgage or intend some day to own a home, this national ULC conference affects you. For hundreds of years states have owned and recorded their own lands – and now it appears the United States federal government would like that to change. Continue reading
Fed Recognizes Foreclosure Abuse – Admits Errors (well, some of them anyway)
Press Release
Release Date: July 7, 2014
The report released today provides information on the process for the review of the foreclosure files during the IFR and file review results, including servicer error rates during the IFR, up to the time the IFR was replaced. The report also contains updated information on direct borrower payments and other assistance from the Payment Agreement and discusses the Federal Reserve’s ongoing supervision of corrective actions the mortgage servicers are required to implement. The report focuses primarily on servicers regulated by the Federal Reserve. Continue reading
“Bankruptcy court corruption is not just a matter of bankruptcy trustees in collusion with corrupt bankruptcy judges.” — AG John Ashcroft
By Sydney Sullivan
Every day I hear more stories about alleged corruption in the courts, not only when it comes to foreclosures, but also bankruptcy – especially when families are trying to protect their homes. It is more than obvious that the system is flawed.
Judges are not necessarily adept, specifically educated or predisposed to this new form of securitization…these quasi-securities called NTMs (nontraditional mortgages). Nor are they willing to risk their investment portfolios and mutual funds to protect the average citizens in America. Continue reading
Sense on Cents: Message for Tim Geithner On the Release of Stress Test
By Larry Doyle
Dear Tim,
Congratulations on the release of your book. I assure you that I will read it and review it here at my blog.
Given your positions formerly as head of the New York Federal Reserve and Secretary of Treasury, you will certainly receive enormous media attention and exposure in touting your book and your take on dealing with the crisis of 2008. To wit, I see just this morning that The Wall Street Journal is running your editorial entitled The Paradox of Financial Crises.
Tim, let’s cut the bull$hit. Continue reading
Sense on Cents Discovers More Documents Denoting TBTF Damage Awareness During Clinton Era
No President wants the economy to crash on his watch. This is like playing musical chairs or passing the Hot Potato(e) – when the music finally stops who will be taking us down?
Clinton Presidential Documents c.1998: “Who’s on First?”
By Larry Doyle
Every now and then I come across a document or statement that simply stops me in my tracks. In the process of pondering the weight and importance of the embedded message, I am typically left totally aghast.
Today I had one of those experiences as I continued to review the treasure trove of material in the recently released documents from the Clinton Presidential Library. From a document covering the work of the Council of Economic Advisers, I almost spilled my coffee when I read the following: Continue reading
Only 3 days to destroy the world’s economy. Clinton Presidential Documents on Glass-Steagall Repeal Reveal: No Good Reason For Doing This
By Larry Doyle – Sense on Cents
I do not think there is any single piece of legislation in the last 50 years that has had such a profoundly detrimental impact on the American public than the repeal of the Glass-Steagall Act separating commercial and investment banking.
That repeal is certainly not the sole factor that led to the economic crisis of 2008 and the ongoing pain we experience today, but it was certainly critical to the eventual meltdown. There is no great revelation in that assessment. Continue reading
Sense on Cents Book Review: All The Presidents’ Bankers by Nomi Prins
By Larry Doyle – Book Review: All The Presidents’ Bankers by Nomi Prins
While all too much of our analysis of market developments comes to us in the form of sound bites and snippets, leave it to the great writers of our time to provide real depth and study of the business and political relationships that ultimately impact all of us.
I recently completed reading just such a study, All The Presidents’ Bankers by Nomi Prins. The author is not only a Wall Street insider but also highly regarded for her prior books and well documented written and spoken commentaries.
I very much had the sensation of sitting in on a semester long tutorial in Financial and Political History while working my way through this book. Continue reading
A Primary Difference between Foreclosure and Bankruptcy Courts – Bankruptcy will Not Tolerate False Claims
Bankruptcy, like foreclosure, has become a production business. While nontraditional mortgage loans (NTMs) and foreclosures are the products of a patented scheme, bankruptcy is more of a legislated racket. Bankruptcy and foreclosure structures have attorney “mills” operating as a business by shuffling humans through a cattle car-like process, both systems personally affect the individuals and their families – and both are tragedies.
The reason for the comparison is although they both have federal oversight in common – only one has a tough and powerful specialized court system. Even with a tough bankruptcy court, evil shysters and psychotic scammers materialize to pick every last morsel off of the carcass. [There is comfort in knowing Karma is never late]. Continue reading
Hank Paulson Trusts Neither Wall Street Nor Washington
By Larry Doyle on February 6, 2014
Do you ever wonder if those who ‘find religion’ late in life so to speak are trying to conveniently cleanse their souls before making their way to the pearly gates?
I think in the case of public officials, it is fair to ask if the ‘cleansing process’ is done for purposes of resurrecting an image or if the individual is truly engaging in a meaningful transformation. Continue reading
Deadly Clear 