Archive for the 'bailout' Category

California Budget Recalled: The $24.3 Billion Budget Deficit. Missed Economic Projections and Financially Betting on a Recovery that Never Showed Up. 20 Years of Bubbles. From Tech to Real Estate.


Loan Modifications Another Taxpayer Bailout to the Housing Industry: Mortgage Modification Default Rates over 50 Percent. Over 4 Percent of Subprime Loans First Payment Defaults.


The Truth about Option ARMs, Pick-a-Pay Mortgages, and Alt-A Loans: Looking at Wells Fargo, Bank of America, and JP Morgan. We are in the Eye of the $469 Billion Toxic Mortgage Hurricane and Silence is not Golden.


Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street. What other Proof do you need that we are Focusing on Bailing out the Banking Oligarchy? Foreclosure Filings at All-Time Record High.


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