In this week's episode of "Scheer Intelligence," Robert Scheer speaks with David Dayen, author of the book Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure.. Huffington Post
29 years ago on Wednesday, the Dow Jones Industrial Average plunged a gut-wrenching 508 points — or 22.6% — down to 1,738.74 on what is now referred to as Black Monday.
It was by far the.. Business Insider
JPMorgan Chase & Co is in talks to sell out of a Chinese securities joint venture with First Capital Securities Co Ltd in what would be the first departure by a top-tier global investment bank from.. Source: Wochit Business -
The logo of Morgan Stanley is seen at an office building in Zurich, Switzerland September 22, 2016. Morgan Stanley (MS.N) reported a better-than-expected quarterly profit on Wednesday, boosted by a.. Source: Wochit Business -
On Friday, JPMorgan Chase and Citigroup overwhelm third-quarter estimates in an incredible recovery to bring in trading revenues. Wells Fargo on the other hand, barely beat expectations, as the bank.. Source: Wochit Business -
It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. Many others in the banking industry are also.. Source: Wochit Business -
Morgan Stanley was charged with "dishonest and unethical conduct" by Massachusetts' top securities regular on Monday for having pushed its brokers to sell loans to their clients. Secretary of the.. Source: Wochit Business -
DETROIT ― On Sept. 7, officials in Wayne County, Michigan, began selling off roughly 14,000 homes in what has become the nation’s largest foreclosure auction.
But the foreclosures in Wayne.. Huffington Post
WikiLeaks on Friday published what appeared to be excerpts of paid speeches that Hillary Clinton had previously delivered behind closed doors, including to several Wall Street firms like Goldman.. Huffington Post
While the media is transfixed with the just released Washington Post leak of a private Donald Trump conversation from 2005 in which he was speaking "lewdly" about women, and for which he has.. Zero Hedge
Blackberry finally exited the smartphone development and design business and announced that it will be outsourcing its hardware. John Chen CEO Canadian phone maker synonymous for its QWERTY keypad said.. DNA
(EurActiv) — Eurogroup chief Jeroen Dijsselbloem on Friday warned embattled Deutsche Bank that it would have to “solve its own problems”, saying Germany’s largest lender must survive without.. Eurasia Review
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
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
“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
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
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
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 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.. Newsmax
*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
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
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