The important part is that, almost 5 years after the housing crisis began, we as a society are finally starting to dig below the surface to find the roots of what went wrong. It will take several more to make the changes necessary to prevent this from happening again.

While odds favor Goldman Sachs escaping from the SEC’s clutches with a political-theatre inspired wrist-slap, private litigation could shred the firm over time.I am not an attorney, but being in business forces one to pick up a bit of the legal perspective. What is foremost in the American legal system? Justice? Perhaps for those fighting [...]

When you draft a 1,300-page “financial reform” bill, various special interests get language tucked into the bill to help their agendas. However, the unintended consequences can be devastating. And the financial reform bill has more than a few such items. Today, we look briefly at a few innocent paragraphs that could simply kill the job-creation [...]

This short video does an excellent job of explaining how OneWest Bank (Goldman Sachs) used a sweetheart FDIC agreement to screw both taxpayers and homeowners. This is more proof that a mortgage contract is 100% business and not in ANY way a moral issue. Banks will screw homeowners in any contractual way they can. It’s [...]

More proof that the evil empire runs the show…