Saturday, November 23, 2013

The Madness That Keeps Going. Ex Credit Suisse Exec Is Sentence.

America have a big problem, no one take responsibility for their actions. We just keep pointing fingers. I my opinion what cause the financial crisis is not the bankers. It's the politicians and the American consumers.  When I was a banker back in 2000, customers would inflate their income to qualified for a lower interest rate on loans, equity loans, and credit cards without reading the find prints. Then the crisis hit, economy tank, no jobs to pay all that debt and voila.

Monday, November 18, 2013

JP Morgan Settle With Private Investors? What's Next Madoff ?

If Fannie & Freddie are raking in huge profits, is the a merit to these charges and huge settlements.  

Wednesday, November 13, 2013

Monday, July 15, 2013

SEC Wicth Hunt Tourre

The Government refuse to admit they were wrong about Fannie & Freddie. Now they have the SEC on a witch hunt to get Mr. Tourre.