subprime mortgages

Obama isn't even pretending it's not business as usual. Read more...
Just want to say for this and other reasons, I'm happy to be an ex-Wells Fargo customer. They're not the only bank that steered minority borrowers who qualified for regular loans to subprime mortgages, but I don't think $175 million begins to Read more...
Looks like Bloomberg decided to carry a little water for his fellow one percenters on Wall Street by repeating the zombie lie that Fannie and Freddie caused the subprime housing bubble -- Mayor Bloomberg: ‘It Was Not The Banks That Created The Read more...
My mother used to quote my nana's favorite sayings, and one of them was, "The fishmonger never yells 'Rotten fish for sale!'" Nana, of course, didn' Read more...
Somewhere, Matt Taibbi is laughing his butt off as the Vampire Squid goes down. Now when do we see the criminal charges - not just against Goldman S Read more...

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When it comes to the Wall Street meltdown, just about every financial institution out there is a villain. Then there's Washington Mutual, who may have Read more...
Joe Nocera, who writes the Executive Suite column for the New York Times, has done an interesting thing today. He 1) points out banks are lying abou Read more...
(Hi, dday here from Hullabaloo and Calitics and my own site D-Day. Thanks to John for having me over for the week to fill in for Dave Neiwert.) I don Read more...
See, now I'm really confused. The people on the cable teevee told me this mortgage mess was the fault of all those dark-skinned people from ACORN who Read more...
You know, it's getting hard to read between the lines these days. This NY Times story about FDIC chair Sheila Bair, the only Bush official who's been Read more...