Mortgage Fraud Settlement: A Second Bailout for the Banks?

wahi we know that the caddy banks only had to give up five billion dollars in hard cash as part of the settlement it’s been announces a forty billion dollar settlement it’s actually a twenty six billion dollar settlement with about seventeen billion dollars presumed to have a a mole double or a little more […]

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Should Government Bail Out Big Banks?

In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as “the bailout” was brought about by three decades of bank de-regulation. There were a lot of causes for the meltdown, but deregulation wasn’t one of them. […]

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Is Wall Street Missing A Recession Spurred on by Corporate Debt? (w/ David Rosenberg)

ED HARRISON: David Rosenberg, it’s a pleasure to talk to you. I’ve heard a lot about you. I’ve watched you over the course of, say, 15 or 20 years. And it’s a great opportunity to get to pick your brain here about investment opportunities. DAVID ROSENBERG: Well, you know they say. There’s lean pickings, so […]

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