New Orleans A conundrum becomes a contradiction when we look at regulators concerns about the size and operations of huge, non-bank financial institutions that were such a sizeable factor in triggering the Great Recession and find that they are moving to protect the financial system and ignoring citizen and consumer interests. The Treasury Department has …
Tag: Treasury Department
Reckoning Coming for Home Modification Failures
New Orleans The good news is that more people are recognizing that the Administration’s HAMP program designed to achieve home mortgage modifications and prevent foreclosures has been a dismal failure. The bad news is that the Republicans are arguing that rather than fix it and actually prevent foreclosures, the program should be killed to save …
Wikileaks, Japan, Sea Shepherd, Australia, and Bank of America
New Orleans On the other side of the line there’s still a whining wall about Wikileaks and the end of the world as we know it (and, yes, you atavistic Neanderthals, I do “love Wikileaks” for what they are contributing these days!), but the New Year’s Day release of cables from Wikileaks connecting the links …