Entries from March 2009
Banks Paying Back the TARP Billions: Bad for the Economy? – By ALICE GOMSTYN – Expert Debate Whether Banks Should Rush to Pay Back Taxpayer Funds - ABC News Business Unit
————
Two banks to return U.S. bailout money: Rep Frank – … Frank also said U.S. Bancorp, the eight-largest U.S. bank, will return $6 billion. The [...]
[Read more →]
Tags: Mortgage Market
Banks and TARP:
Should Healthy Banks Give Back Their TARP Funds? by Felix Salmon – … Rick Newman, for one, thinks so. But even he is alive to the downside, as explained by Andrew Ross Sorkin: – … If Goldman succeeds in returning our money, it could put pressure on other banks to give their [...]
[Read more →]
Tags: Mortgage Market
Ten Simple Rules For Sidestepping Scams – Mark Sunshine – Not losing your shirt to scumbags like Madoff, Petters and Stanford is as easy as following a few guidelines. – Forbes
————
The People’s Republic of America – by Vernon Hill – If Congress can get away with taxing earnings arbitrarily and after the fact, [...]
[Read more →]
Tags: Commentary · Mortgage Market
More on NCUA’s non disclosure of info in putting 2 huge credit unions into conservatorship: A Letter to NCUA, re: The Math on the $9 Billion Credit Loss Estimate – An Open Letter To: NCUA Board Members From: Chip Filson – CreditUnions.com
————
DOUBLE-DIPPERS – CITI, BOFA BUYING BACK LAUNDERED LOANS AT LOWER RATES – … Both [...]
[Read more →]
Tags: Mortgage Market