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Tag: wall street

Oppenheim Looks at 2011 and beyond: Foreclosure Crisis, #OccupyWallStreet and Real Estate

With 2011 winding down, foreclosure attorney Roy Oppenheim made a return visit to “The Mind of Money” to share his thoughts on the year that was with host Douglas Lodmell. Just as Oppenheim anticipated, this year we’ve seen how big this foreclosure mess really is. There were numerous investigations, and a self-imposed moratorium on foreclosures during parts of 2011, resulting […]

Beyond Florida Real Estate: Are Bankers the New Mobsters?

Wall Street corruption blurs the lines between good guys and bad guys as this week’s headlines bubble to the top. Unbelievably guilty in the court of public opinion. Now ultimately guilty in a court of law. The conviction of Galleon hedge fund billionaire Raj Rajaratnam on all 14 counts of conspiracy and securities fraud is a prime example of rampant […]

“Welfare for the Rich” – Matt Taibbi Exposes Disgusting Practices at the Federal Reserve

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 […]

Poor Wall Street: Everyone Is Picking On Them

Who would ever have thought that the most respected names on Wall Street would cheat the house by playing with a marked deck? Dear Wall Street: We’re not in Vegas anymore! The Sin City “players” of Wall Street might be trading in the fancy hotel rooms for prison cells. The SEC is now following the Federal Reserve and the Senate […]

The Fed Finally Shows Its True Colors as to Homeowners and Foreclosure Crisis

In Monday’s The New York Times editorial The Fed and Foreclosures, The Times finally took the Fed to task. They wrote: “There are two sides to every delinquent loan – a lender who made a bad lending decision and a borrower who cannot repay. Yet banks have never acted as if they bear any responsibility for the mortgage mess.” The […]