Here’s an interview of Ritzholtz on the crap level of the entirety of media commentary surrounding the SEC and Goldman case– “Last week Barry Ritholtz had an excellent post 10 Things You Don’t Know (or were misinformed) About the GS Case in which Barry noted that 99% of the mainstream media commentary regarding the strength of […]
Matt Taibbi has written another extended piece on Goldman Sachs for Rolling Stone. Click through for the full article.
It does seem like more people are waking to the very real possibility of criminal charges (and I’m not talking about the diabolical PR campaign to blame the homeowners and modification shops for “fraud” –a drop in the bucket to the major accounting control fraud propogated by our “esteemed” financial institutions), what with the WaMu/Long […]
Seriously, my ears are bleeding from listening to these hearings all day. I was working at the same time, I swear. I’m going to have nightmares about “shitty deals” and lemonade. NY Times Live Blog here. Gawker has tips for surviving a grilling Blankfein style (expressive!) Jon Stewart’s take on the political theater is here. […]
This week, the Supreme Court issued an opinion on whether the “bona fide error” defense applies to a mistake of law by the debt collector under the Fair Debt Collection Practices Act. Among other things, the Act prohibits debt collectors from making false representations as to a debt’s character, amount, or legalstatus, §1692e(2)(A); communicating with consumers […]
The entire spring 2010 issue is about legal advocacy in the mortgage crisis: Northeastern University Law Journal The Northeastern University Law Journal On March 20, 2009, the Northeastern University Law Journal hosted a symposium titled Shelter from the Storm: Advocacy in the Subprime Fallout. The February 2010 publication features papers authored by the Symposium speakers […]
This piece from Lisa Madigan, Illinois Attorney General lays it out there: “Rather than show remorse, Wall Street and the big banks are on the offensive. They are lobbying furiously to weaken any real financial reforms at the federal level. They continue to blame the victims. They want you to believe that millions of scheming […]