New Yorker Profiles Sheila Bair

The Contrarian Sheila Bair and the White House financial debate. by Ryan Lizza July 6, 2009 Last month, Sheila Bair, the head of the Federal Deposit Insurance Corporation, received a Profile in Courage Award at the Kennedy Library, in Boston. Each year, the Kennedy Library Foundation presents the award to public officials who it feels […]

Arizona Association of Realtors Withdraws Support

The AAR has come out against SB 1271 stating that “the consequences will be severe” and that “[t]he bill has far reaching effects, well beyond those testified to in the committee. None of those efffects are positive or helpful to restart the Arizona economy.” The full text of the letter to Governor Brewer is posted […]

Nice Work, Arizona. Piling it on….

This is unbelievable. The Arizona Legislature and Governor Jan Brewer have enacted a law that heaps additional pain on already beleaguered homeowners and helps the banks that got us here. By THE ASSOCIATED PRESS Published: July 24, 2009 Filed at 6:15 p.m. ET PHOENIX (AP) — Arizona real-estate agents are sounding the alarm over recently […]

Goldman Sachs

How did Goldman Sachs dodge the bullet and “profit” on the housing crisis? Matt Taibbi wrote an investigative piece on Goldman’s role in the last five bubbles of the last century. Here is Matt Taibbi’s latest  posting on GS (from his blog at http://www.trueslant.com), following his recent, scathing article in Rolling Stone last month.  This piece […]