Saturday, October 30, 2010

Breitbart’s Participation in ABC News Digital Town Hall Event Draws Fire - ABC News' Press Room

Breitbart’s Participation in ABC News Digital Town Hall Event Draws Fire - ABC News' Press Room: "Mr. Breitbart is not an ABC News analyst.



He is not an ABC News consultant.

He is not, in any way, affiliated with ABC News.

He is not being paid by ABC News.

He has not been asked to analyze the results of the election for ABC News."

Saturday, October 16, 2010

Angelo Mozilo: The Case In Favor Of Hanging - 24/7 Wall St.

Angelo Mozilo: The Case In Favor Of Hanging - 24/7 Wall St.:

"The Mozilo case probably will be settled. History is the best measure of future events. The SEC decided long ago that settlements are a quick and efficient route to push cases off of its desks. But, in Mozilo’s case, the infractions were so severe that the taxpayers who put money into bank bailouts and Countrywide shareholders and customers, should be allowed to see Mozilo hanged."

The Eleven Reasons People Can’t Sell Their Hom - 24/7 Wall St.

The Eleven Reasons People Can’t Sell Their Hom - 24/7 Wall St.:

"24/7 Wall St. talked spoke with experts at real estate research firms, Zillow.com and RealtyTrac to find the best way to sell a home. We also interviewed management from the National Association of Realtors, a number of real estate brokers, banks managers and elected officials in affluent communities. What emerged from these conversations and our research is the following: successful home sellers often do the same small number of things correctly. Often, these tactics are often the difference between finding a buyer and not."

Friday, October 15, 2010

Mozilo PaysRecord Penalty For Securities Fraud - Forbes.com

Mozilo PaysRecord Penalty For Securities Fraud - Forbes.com:

"Mozillo, who was charged along with Countrywide's COO and CFO, was also charged with insider trading for selling his Countrywide stock, worth $140 million, based on non-public information. The former CEO settled those charges too, agreeing to $45 million in disgorgement of ill-gotten gains. Mozillo was also permanently barred from serving as an officer or director of a publicly traded company. That brings Mozilo's payments up to a total of $67.5 million."

Monday, October 11, 2010

Watch Out for ATM Skimming - WSJ.com

Watch Out for ATM Skimming - WSJ.com:

"The next time you pull up to an ATM, take a closer look at the machine. Does it look a little clunkier than usual?

Look too at what's around you: Are there mirrors? Is there a brochure holder over your shoulder? Does it look like there might be a false panel or an extra light bar attached to the machine?"

Thursday, October 07, 2010

Wednesday, September 29, 2010

Disabled Man to Tea Party: 'Reforming Social Security Would Cut My Lifeline'

Disabled Man to Tea Party: 'Reforming Social Security Would Cut My Lifeline':

"'They obviously don't go out and talk to the people who do actually need those programs,' he told HuffPost. 'How could anyone could look a disabled person in the face and say, 'You should be working?' I was born with this disease, I didn't ask for it. I didn't smoke for 30 years. This is a genetic condition. It just seems really out of touch with reality to say we're gonna cut these things.'"

Sunday, September 26, 2010

Grains Over Gold. Yeah, I Said It. The Reformed Broker

Grains Over Gold. Yeah, I Said It. The Reformed Broker:

"And now we're seeing the agricultural raw cost commodities like wool, hides, rubber, timber and cotton begin to break out to new ten year highs, see the below monthly chart going back to 2000:"

Friday, September 24, 2010

Volcker Blasts Banksters, Financial System in Impromptu Speech at Chicago Fed | FDL News Desk

Volcker Blasts Banksters, Financial System in Impromptu Speech at Chicago Fed | FDL News Desk:

"Banking — Investment banks became “trading machines instead of investment banks [leading to] encroachment on the territory of commercial banks, and commercial banks encroached on the territory of others in a way that couldn’t easily be managed by the old supervisory system.”



Financial system — “The financial system is broken. We can use that term in late 2008, and I think it’s fair to still use the term unfortunately. We know that parts of it are absolutely broken, like the mortgage market which only happens to be the most important part of our capital markets [and has] become a subsidiary of the U.S. government.”"