How Financial Criminalization Crashed the Economy, and the Culprits Got Off ... - Huffington Post

How Financial Criminalization Crashed the Economy, and the Culprits Got Off ...
Huffington Post
Given this background, it is difficult to avoid the conclusion that the mortgage bubble and financial crisis were facilitated not only by deregulation but also by the prior twenty years' tolerance of large scale financial crime.

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Sub-prime auto ABS shrugs off crisis years - Reuters

Sub-prime auto ABS shrugs off crisis years
Reuters
"So I would also include borrowers' credit metrics and the quality of the actual asset - the car - along with the 'better' borrower as contributing reasons to the recent success of sub-prime auto." Against that background, issuers are getting bolder.

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Pitt's cheap hits - The West Australian


The West Australian
Pitt's cheap hits
The West Australian
The action unfolds as the subprime mortgage crisis begins to wreak havoc on financial markets at the end of 2008 and in the thick of the election campaign that brought Barack Obama to power. "It was an interesting way to look at the financial crisis," ...
Brad Pitt in Killing them Softly RFI

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Sanford Weill and Paul Kagame: Doctors of Humane Letters? - San Francisco Bay View

Sanford Weill and Paul Kagame: Doctors of Humane Letters?
San Francisco Bay View
Citigroup was also a major provider of toxic subprime mortgages. Time magazine named him one of the 25 people to blame for the financial crisis. Many Sonoma State graduates are saddled with student loan debt, much of owed to Citigroup.

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Romney: Debt is like 'prairie fire' - CNN (blog)

Romney: Debt is like 'prairie fire'
CNN (blog)
The presumptive GOP nominee warned Iowa voters they cannot ignore the swelling "crisis of debt and spending that threatens what it means to be an American" during a speech at a hotel in Des Moines. "A prairie fire of debt is sweeping across Iowa and ...

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The maker of a giant - gulfnews.com


gulfnews.com
The maker of a giant
gulfnews.com
He gives the reader a journey down memory lane with a background of Kuwait, his family's roots, his education, career and success and the financial crisis of 2008-09 that ended it. While taking us through the journey, he makes some interesting ...

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Ally Financial: Could Lose Up To $1.2B In ResCap Bankruptcy - Wall Street Journal

Ally Financial: Could Lose Up To $1.2B In ResCap Bankruptcy
Wall Street Journal
(Updated with details about ResCap losses in paragraph two, background on bondholders in paragraph 13 and new details throughout.) By Andrew R. Johnson Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Ally Financial Inc., the government-owned auto lender, ...

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