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21 Feb 2010, 6:18 am
Need for Structural Reform In his quarterly report to Congress, the Inspector General of the TARP program, Neil Barofsky, succinctly stated the need for robust reform when he wrote, “Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car. [read post]
17 Feb 2010, 6:40 am
As my colleagues and I have stated, however, economic conditions are not likely to warrant tighter monetary policy for an extended period [written July, 2009, just before Mr. [read post]
28 Jan 2010, 5:51 am
Lst night, President Obama delivered the annual State of the Union address. [read post]
27 Jan 2010, 6:25 pm
Here is the text of President Obama's SOTU Address as prepared for delivery: THE WHITE HOUSE Office of the Press Secretary January 27, 2010 Madame Speaker, Vice President Biden, Members of Congress, distinguished guests, and fellow Americans: Our Constitution declares that from time to time, the President shall give to Congress information about the state of our union. [read post]
24 Dec 2009, 11:21 am
In most instances, in most states or counties, there are road commissions responsible for highway and road construction safety. [read post]
21 Nov 2009, 7:47 pm
  Will this work in other states? [read post]
7 Nov 2009, 7:40 am
Assistant United States Attorney Ilene Jaroslaw provided the jury with a methodical chapter and verse of the mountain of lies and web of deception that resulted in more than $1.5 billion of investors’ capital being wiped out. [read post]
8 Aug 2009, 12:10 pm
When you're dealing with losing your job (or even the possibility of losing your job), late mortgage payments and a mountain of credit card debt, spending for the good of the economy probably isn't an option - or a priority. [read post]
12 Feb 2009, 1:58 pm
Pistole told lawmakers FBI investigators are tackling an even bigger mountain of mortgage fraud cases in which hundreds of millions of dollars may have been swindled from the system. [read post]
17 Dec 2008, 3:49 am
Maxine Waters, a nine-term Democrat from California, one of the states hit hardest by the mortgage crisis, is personally calling servicers to help her constituents get a lower rate, a longer maturity or some other modification that will help them meet their payments and avoid foreclosure.The chairwoman of the House Financial Services' housing subcommittee said she is unconcerned that she may be leaning on companies she oversees, potentially creating a conflict of… [read post]
20 Nov 2008, 3:40 am
One state's Attorney General is relentlessly hunting them down and rooting them out (or at least, hosing them down).Three Colorado mortgage brokers have reached settlements with state Attorney General John Suthers to end what Suthers called the "deceptive use of teaser rates in mortgage-loan advertisements"in Denver newspapers. [read post]
8 Oct 2008, 3:50 am
"As president of the United States," Mr. [read post]
19 Sep 2008, 4:32 pm
This bailout would have to be paid for with money borrowed by the U.S. government and would expose taxpayers to a mountain of debt. [read post]
16 Sep 2008, 5:37 pm
And I am running for President of the United States because the dreams of the American people must not be endangered any more. [read post]
24 Jul 2008, 3:07 am
" As the effectiveness of Sarbanes Oxley in detecting and preventing fraud in the subprime mortgage market, it's hard to argue that no federal or state law has proved effective in detecting or preventing it, at least until it ran rampant like a crazed water buffalo on acid. [read post]
21 Jun 2008, 5:31 pm
Years ago, ordinary people did not own mutual funds and stock options, create blended families, or accumulate mountains of credit card and mortgage debt. [read post]
26 May 2008, 11:35 pm
This is the general state of the world, and assessing those risks comes with living a life. [read post]
23 May 2008, 1:28 am
OR STATE GOVERNMENT WORKS
[read post]
26 Mar 2008, 1:40 pm
Subprime mortgages, of course. [read post]
26 Feb 2008, 7:27 am
Attorneys general in at least four states have issued subpoenas and private class-action lawsuits have been filed targeting banks, homebuilders, lenders, and credit-rating agencies. [read post]
