Homes being bought by landlords and flippers now account for more than 11% of U.S. home sales, the highest on record. Meanwhile, Wall Street is now trading billions of dollars’ worth of bonds backed by rental payments. The Great Recession Revisited I recall a time when I was growing up in the Bronx, in a rent stabilized apartment, that the […]
Tag: Great Recession
Florida Foreclosure Attorney Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Last Part: The Guilty Ones.
“A Retrospective From the Trenches of the Great Recession-The Parties to Blame” Welcome to the last part of my series of posts dedicated to reflecting on the ten-year anniversary of the Great Recession. I have talked about the changes prompted by the economic collapse, the things that did not change after it, and now it is time to talk about […]
Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Part two: The unchanged. I started a series of retrospective posts and videos to reflect upon the tenth-year anniversary of the Great Recession. The first post addressed the consequences of the economic collapse. This post discusses what remains the same after it, and in the next, and last […]
Roy Oppenheim’s retrospection on the 10 Year Anniversary of the Great Recession Usually anniversaries tend to make us slow down and look back. For us at Oppenheim Law, the anniversary of the start of the Great-Recession of 2008 has been an opportunity to look back, appreciate what we have learned and set new goals for years to come. There […]
The question of the decade: Why isn’t Wall Street in jail? In a typical jaw-dropping article for Rolling Stone Magazine The Real Housewives of Wall Street, Matt Taibbi reveals the shocking practices of the Federal Reserve during the Great Recession. With the nation staggering, the Federal Reserve took it upon itself to lend trillions of dollars at nearly zero percent […]