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23 Sep 2008, 11:47 pm
The court in South Ferry revisited the central tenets of Read-Rite in light of the Supreme Court’s ruling in Tellabs, Inc. v. [read post]
23 Sep 2008, 6:49 pm
The Penn Central executives pleaded for a bailout, auto industry executives have pleaded for bailouts (with occasional success) for three decades. [read post]
22 Sep 2008, 10:02 am
"The Iraq war has cost the US 50-60 times more than the Bush administration predicted and was a central cause of the sub-prime banking crisis threatening the world economy," an Australian interview with Stiglitz began.That interview, which spoke in present-tense of a "crisis," took place in February. [read post]
20 Sep 2008, 6:31 pm
To put it in even simpler terms, Paulson has asked for a $700BN mortgage slush fund, no strings attached. [read post]
19 Sep 2008, 4:55 pm
" Mike and Linda Kelly of Central Valley, California owe $300,000 on their home and want to sell it. [read post]
19 Sep 2008, 12:48 pm
"Another factor were moves by the European Central Bank, Swiss National Bank and Bank of England to offer up more cash Friday. [read post]
19 Sep 2008, 11:35 am
Stemming the pain, we can only hope, will be the "America on sale" psychology, and reality, of the weak dollar, bringing foreigners here to drive demand for everything from, again, iPhones at the Apple Stores to Fifth Avenue apparel to Central Park West co-ops. [read post]
19 Sep 2008, 11:05 am
Attorney General Bill McCollum announced that his office has sued ten companies and fifteen individuals for their alleged roles in a significant mortgage fraud scheme in Central Florida. [read post]
18 Sep 2008, 2:36 pm
Government has purchased Fannie Mae, Freddie Mac and AIG, effectively nationalizing the mortgage market and commercial insurance markets all with tax payer money is going to drive the dollar down even further. [read post]
18 Sep 2008, 11:00 am
The takeover puts taxpayer money at risk while protecting bad investments in mortgage-backed securities made by A.I.G. [read post]
18 Sep 2008, 10:19 am
James Darneil Gaither, Columbus, Ohio, was indicted in August, 2007 along with eight others charged with conspiracy, tax evasion, wire fraud, bank fraud and money laundering for their roles in a mortgage fraud scheme that involved more than 500 properties and more than $25 million in mortgage loans in the central Ohio area between 2003 and 2006. [read post]
16 Sep 2008, 11:00 am
FACT: 7.33% of all mortgages are in foreclosure or past due, according to the Mortgage Bankers Association. [read post]
15 Sep 2008, 7:21 pm
Middle class and low-income Americans are hurting, with incomes declining; job losses, poverty and inequality rising; mortgage foreclosures and credit card debt increasing; health care coverage disappearing; and a big spike in the cost of food, utilities, and gasoline. [read post]
8 Sep 2008, 11:00 am
Securities lawsuits against subprime mortgage lenders, issuers, underwriters, rating agencies, hedge funds, bond insurers and even accounting and law firms. [read post]
2 Sep 2008, 8:03 pm
If the mortgages in the covered bond pool default, the bank that established the pool has an obligation to replace the assets with performing mortgages that will continue to serve as collateral for the outstanding bonds. [read post]
29 Aug 2008, 12:17 pm
Defense attorneys for Municipal Mortgage filed a motion with the Judicial Panel for Multidistrict Litigation (MDL) requesting centralization of the class actions pursuant to 28 U.S.C. [read post]
22 Aug 2008, 12:21 pm
Mortgage Lending Practices Litig., ___ F.Supp.2d ___ (Jud.Pan.Mult.Lit. [read post]
20 Aug 2008, 2:08 am
For example, allegations of Andrew Mozillo’s alleged misuse of his Rule 10b5-1 plans are a central part of the Countrywide shareholders’ derivative complaint (refer here). [read post]
14 Aug 2008, 3:44 pm
After not performing the field sobriety tests to the satisfaction of the officer he was arrested and taken to Central Booking. [read post]
9 Aug 2008, 6:08 pm
Mortgage Lending Practices Litig., MDL No. 1974, in the Western District of Kentucky. [read post]
