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Tag: subprime mortgage crisis solutions debate

An Open Letter To President Obama

Wed Jun 13, 2012 by on Florida Law News

Dear Mr. President: As you know historically, since the great depression, refinancing mortgages has been this country’s exit strategy when it comes to pulling us out of the economic ditch. So it’s nice to see that you are now pushing Congress to pass refinancing reform. It’s the most effective and efficient way to craft a bailout that actually helps everyone. […]

Time To Break Up ‘Too Big To Fail’ Banks Is Now

Wed Apr 11, 2012 by on Florida Law News

“Let me be frank. Our banks earn profit too easily. Why? Because a small number of large banks have a monopoly.” Sounds like something I would have said. Or something our president SHOULD be saying. Except here’s the thing. The elected official quoted isn’t talking about our own corrupt banking system. The quote above came from the prime minister of […]

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