Nice manners, y’all. Yes, it is sure a laugh riot to put people on the street. The foreclosure mill of Stephen Baum caught by Gawker: Top Foreclosure Mill Threw Homeless Themed Halloween Bash Good one! Yes, so what’s up for this year? I’ve got it! How about the Stephen Baum perp walk? We can all […]
10 Reasons by Nomi Prins, financial journalist and author of “It Takes a Pillage,” among other books on the financial industry.
Occupy Phoenix’s Most Devoted Protestors Salon Crony Capitalism Comes Home NY Times Capitalism is so successful an economic system partly because of an internal discipline that allows for loss and even bankruptcy. It’s the possibility of failure that creates the opportunity for triumph. Yet many of America’s major banks are too big to fail, so […]
Delaware Attorney General Beau Biden has sued MERS. Heres Naked Capitalism’s Yves on the topic–full post here: Because changes in ownership are recorded only in MERS’ private database, there is “no public trail by which anyone can identify the principals or verify the propriety of the transfer,” the suit charges. The opaque nature of the […]
Professor Braucher’s observations of the justices’ questions and focus were similar to mine. I’m sure she was more professional about controlling her grimaces and facial expressions than I was. I tried. I promise. But anyway, she wrote a great article on Credit Slips about it. Here’s an excerpt: The Arizona Supreme Court currently has under review a […]
Matt Taibbi breaking it down: the 99% and #OWS protesters aren’t jealous of the top 1%; they’re just tired of the cheating: And we hate the rich? Come on. Success is the national religion, and almost everyone is a believer. Americans love winners. But that’s just the problem. These guys on Wall Street are not winning – they’re cheating. […]
Gregory Lemelson on Bevilacqua on blog stopforeclosurefraud.com—thorough article, Houston We Have a Problem. And Lemelson’s previous blog post on Eaton, another Mass. of import, wending its way to the highest court.
This is a good letter/essay from an attorney to Kentucky judges. It relates to the gravity of foreclosure cases and giving them their due. It’s down to the judiciary and it’s serious. This foreclosure crisis is extraordinary and deserves more than an ordinary response.
It’s not a left-right thing. On Dylan Ratigan: David DeGraw on Occupy Wall Street Bill Black is on this segment too. Matt Taibbi on the attempts to turn this into a typical left-right fight, rather than a legitimate revolt of the middle class Chris Hedges: “What happens is in all of these movements … the […]
This time, a third party purchaser “bought” a property at foreclosure sale but US Bank did not have title to give. When the purchaser sought to try title, and extinguish any claims of the original mortgagor, he lacked standing. He was not a bona fide purchaser for value either, because there was no assignment of […]