The Rule of Law and the Mortgage Mess

Thursday, October 28th, 2010

The Chronicles of Atticus McShrugg are fiction, but intended to give relevant, timely and sometimes entertaining perspective into current events in the global financial crisis and international political economy from a free market perspective.---read the article

The Subprime Debacle, Part 2: New Testimony Reveals Citigroup Knew Exactly What Crap It Was Selling

Sunday, October 24th, 2010

"All those subprime and Alt-A mortgages written in the middle of the last decade? They were packaged and sold in securities. They have had huge losses. But those securities had representations and warranties about what was in them.---read the article

Mortgage Mess: Shredding the Dream

Thursday, October 21st, 2010

The foreclosure crisis isn't just about lost documents. It's about trust—and a clash over who gets stuck with $1.1 trillion in losses---read the article

Distressed bond trader Devaney ponders new fund

Tuesday, October 5th, 2010

The iconic chief of United Capital Markets, the Key Biscayne, Florida-based securities broker-dealer, has snapped back from a bruising mortgage bond loss during the 2008 financial crisis and may...---read the article

Swan warns banks over mortgage rates increase

Monday, October 4th, 2010

CANBERRA - Banks have been put on notice by the federal government and finance unions as the chances of an official interest rate rise today diminished marginally on the back of an indicator showing inflation pressures easing.At...---read the article

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