Posts Tagged “Bush Administration”

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Alan Greenspan’s Financial History for Lobotomy VictimsHuffington Post (blog)During the 2001 - 2006 real estate bubble, efforts to police mortgage fraud were consistently thwarted by the Bush Administration and Alan Greenspan. …and more »

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Where has the Bailout Money Gone? Good Billions After Bad Vanity Fair by Donald L. Barlett and James B. Steele As the Bush administration waned, the Treasury shoveled more than a quarter of a trillion dollars in tarp funds into the financial system—without restrictions, accountability, or even common sense. The authors reveal how much of it ended up in the wrong hands, doing the opposite of what was needed. Just inside the entrance to the U.S. Treasury, on the other side of

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[ Editor's Note : Shah Gilani, a retired hedge fund manager and noted expert on the global credit crisis, predicted this developing FHA debacle in a July 2008 Money Morning essay .] By Shah Gilani Contributing Writer Money Morning Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, the Treasury Department and the U.S. Federal Reserve – used Fannie Mae (NYSE: FNM ) and Freddie Mac (NYSE: FRE

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News Sources wrote an interesting post today on
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Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, the Treasury Department and the U.S. Federal Reserve – used Fannie Mae (NYSE: FNM ) and Freddie Mac (NYSE: FRE ) to “legitimize” trillions of dollars worth of toxic financial waste known as subprime mortgages. The result was the worst financial crisis since the Great Depression – a mess that was global in nature. And we’re now headed for a re

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Pressemeldungen.at (Pressemitteilung)

A new study shows why modifying mortgages is harder than it seemsMail Tribune… of declining real estate values. It should be a win-win-win — which is why the Bush administration launched an effort to encourage loan modifications, …If you ask, you may be able to modify Daily Record (subscription)all 29 news articles »

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