Posts Tagged ‘Crisis’
Banks’ self-dealing super-charged financial crisis
August 29th, 2010Banks’ self-dealing super-charged financial crisis Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a solution that preserved their quarterly earnings and huge bonuses. Read more on The Charlotte Observer
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Senate, House financial overhaul targets lending practices of mortgage crisis
May 28th, 2010Senate, House financial overhaul targets lending practices of mortgage crisis Tucked into the landmark financial legislation making its way through Congress are little-publicized provisions aimed at preventing a repeat of the mortgage meltdown that ultimately doomed global financial markets. Subprime mortgage crisis – Mortgage – Business – United States – Financial Services Read more on [...]
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Goldman accused of fraud linked to mortgage crisis
April 17th, 2010Goldman accused of fraud linked to mortgage crisis A US watchdog on Friday charged top investment firm Goldman Sachs with fraud over the sale of a complex mortgage product like those blamed for the financial meltdown. Read more on AFP via Yahoo! News
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Rep. Mike Honda: Fixing the Foreclosure Crisis Facing Minority Populations
April 4th, 2010Rep. Mike Honda: Fixing the Foreclosure Crisis Facing Minority Populations The Asian-American and Pacific Islander communities have been particularly hard hit by housing foreclosures. Homeownership rates for Asians, for example, fell 1.2 percent in 2008,… Read more on The Huffington Post
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