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JPM Downgrades Wells Fargo; Expects More Probes "Following Tough Senate Hearings"

jpm downgrades wells fargo; expects more probes following tough senate hearings
One day after what was a rather disastrous hearing for Wells CEO John Stumpf, which culminated with a Senator telling the embattled chief executive he may want to consider going to prison, the bad news..
Zero Hedge

Celebrating The One Percent: Is Inequality Really Good For The Economy? – OpEd

To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how to make..
Eurasia Review

Videos for "Mortgage Crisis"

News video: Goldman Sachs To Cut 30 Percent Of Asia Investment Jobs

Goldman Sachs To Cut 30 Percent Of Asia Investment Jobs 00:38

According to sources familiar with the matter, Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown of activity in the region...
Source: Wochit Business -

News video: iPhone 7 Models go on Sale Today, Supplies Severely Limited

iPhone 7 Models go on Sale Today, Supplies Severely Limited 01:19

Apple ( ) says all colors of the iPhone 7 plus model are sold out and the jet black 7 is sold out. The new phones go on sales in stores today and people have been lining up outside stores, waiting for..
Source: The Street -

News video: Justice Dept. Wants $14 billion From Deutsche Bank To Settle Mortgage Case

Justice Dept. Wants $14 billion From Deutsche Bank To Settle Mortgage Case 00:47

Germany's flagship lender said on Friday that the United States Department of Justice wants it to pay $14 billion to settle an investigation into its selling of mortgage-backed securities. The..
Source: Wochit Business -

News video: DOLLARS AND SENSE 09-13-16


Source: WDEF CBS Chattanooga, TN -

News video: U.S. existing home sales decline

U.S. existing home sales decline 00:50

U.S. home resales fell more than expected in July after four straight months of strong gains. A lack of inventory limited choice for buyers, but further gains in prices suggested the housing market..
Source: Wochit Business -


"The Big Short's" Steve Eisman Reveals What The Next Big Short Is

the big short's steve eisman reveals what the next big short is
“That Wall Street has gone down because of this is justice... They fucked people. They built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall..
Zero Hedge

Brides Begin to Heal Thanks to Support from Le Dress Boutique

Brides with broken engagements can now sell their wedding dress and receive healing words of wisdom and support from a business owner who’s been there at Le Dress Boutique in Atlanta. Atlanta,..

4 Easy Steps To An Ick-Free Life: How To Put Your Money Where Your Mouth Is

Have you ever felt the ick factor? The Ick Factor: That icky feeling when you believe in certain values (social justice, environmental progress, etc.), but know that your money is supporting all the..
Huffington Post

The U.S. Auto Loan Debt Market is Reminiscent of the Subprime Mortgage Bubble

Image credit: Auto loan The subprime debt market is getting hot again. Consumers typically believe that in order to get a loan, such as one for a new car or home, they must have a high FICO credit..
Huffington Post

Investors Are Thwarting The Bank Of England's Latest QE Scheme

investors are thwarting the bank of england's latest qe scheme
Submitted by George Pickering via The Mises Institute, *Last week it emerged that, for the second time in two weeks, the Bank of England has been unable to buy back enough government bonds to..
Zero Hedge

Fannie Mae, Freddie Mac Extend Crisis-Era Refinance Program

Fannie Mae and Freddie Mac are extending one of the most successful federal programs enacted in response to the mortgage crisis into next year, even as the pool of borrowers who could benefit from it..

Merchant Acquiring Lesson Learned from the 2008 Mortgage Crisis

Much ink has been spilled about the 2008 Mortgage Crisis. In the U.S, $10 billion dollars worth of s...

California Comeback

*By Narda Zacchino* *The California Dream* Living in California is like living in a bowl of granola; what ain't fruits or nuts, is flakes. —GALLAGHER, COMEDIANThis popular late '70s East Coast..
Huffington Post

John Oliver breaks down auto lending industry

There have been dozens of news reports, books and movies explaining how the United States should have seen the 2008 mortgage crisis coming — 2015’s “The Big Short” scored a Best Picture..
Raw Story

Buying A Used Car? John Oliver Has The Ugly Truth About Auto Loans

Is there another subprime loan crisis brewing? John Oliver, host of HBO’s “Last Week Tonight,” found disturbing similarities between the easy loans dished out for used cars and the mortgage..
Huffington Post

The Looming Financial Crisis Nobody Is Talking About, But Should Be

the looming financial crisis nobody is talking about, but should be
Submitted by Shaun Bradley via TheAntiMedia.org, *The world has been captivated by a continuous stream of disturbing and shocking headlines.* Seemingly every other day, different terrorist attacks,..
Zero Hedge

Tim Kaine Calls To Deregulate Banks As He Campaigns To Be Clinton's VP

WASHINGTON ― Sen. Tim Kaine (D-Va.) is on Hillary Clinton’s short list of potential vice presidential nominees. He’s also actively pushing bank deregulation this week as he campaigns for the..
Huffington Post

Obama, Biden endorse Kamala Harris for US Senate

 US President Barack Obama and Vice President Joe Biden on Tuesday backed California's Indian- American Attorney General Kamala Harris to be the state's next Senator, brightening her chances to..

Will Rome Feel The Effects Of London's Housing Bubble?

London's housing bubble is beginning to burst. The first effects are already being felt in London and it is very likely that over the next few weeks the prices of residential and commercial property..
Huffington Post

"China Is Headed For A 1929-Style Depression"

china is headed for a 1929-style depression
Authored by Sue Chang via MarketWatch.com, *Andy Xie isn’t known for tepid opinions.* The provocative Xie, who was a top economist at the World Bank and Morgan Stanley, found notoriety a decade..
Zero Hedge

Here's The Draft Democratic Party Platform

Here's the draft of the Democratic Party platform. It is dramatically more progressive than the 2012 version. The nation's political center of gravity has changed. Thanks to grassroots movements like..
Huffington Post

KYLE BASS: 'We are facing the largest macro imbalance in global history'

kyle bass: 'we are facing the largest macro imbalance in global history'
 "We are facing the largest macro imbalance in global history." That's according to Kyle Bass, founder of hedge fund Hayman Capital Management. Investors better prepare for a Chinese crisis..
Business Insider

What Homeowners Need to Know About HARP Refinancing

In the wake of the subprime mortgage crisis and economic downturn of 2008, millions of U.S. homeowners saw the value of their homes — and their overall wealth — decline drastically.

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