Archive for: Investors

Bombshell! Can You Hear The Explosion? Wells Fargo, Morgan Stanley Faulted on RMBS Servicing

. . . .. You can pause intro music down below. Wells Fargo, Morgan Stanley Faulted on RMBS Servicing . Piggybankblog posted on 09/19/12 Cross linked with Bloomberg.com A law firm that won an $8.5 billion settlement from Bank of America Corp. (BAC) tied to faulty mortgage bonds said Wells Fargo & Co. (WFC) and [...]

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Finding a fix for foreclosure mess

. . . .. You can pause intro music down below. Finding A Fix For Foreclosure Mess . Piggybankblog posted on 09/17/12 Cross linked with dailynews.com . A San Francisco investment firm is poised to take on Wall Street and the mortgage industry with an unprecedented proposal to have local government use eminent domain to [...]

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Before Scandal, Clash Over Control of Libor

. . .   .. You can pause intro music down below. Before Scandal, Clash Over Control of Libor . Piggybankblog posted on 09/13/12 Piggybankblog posted picture Cross linked with wsj.com LONDON—Four years before a scandal erupted over banks’ attempts to manipulate an important interest rate, the head of a private association of giant banks [...]

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Firms Flock to Foreclosure Auctions

. . .   .. You can pause intro music down below. Firms Flock to Foreclosure Auctions . Posted by Piggybankblog on 09/12/12 Cross linked with online.wsj.com LITHONIA, Ga.—On a muggy morning earlier this month, Paul Fuhrman pried the screen off a window to get into a two-story house in this Atlanta suburb. It was [...]

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Fair Oaks California Couple Had A Notable Victory In A Lawsuit Against OneWest Bank

. . . . . You can pause intro music below. Notable Victory In Lawsuit Filed Against OneWest Bank . Piggybankblog posted on 09/12/12 Piggybankblog posted picture Cross linked with qualitylawforless.com ELK GROVE, CA – A couple facing foreclosure from OneWest Bank has joined the growing number of homeowners, attorneys and real estate professionals who [...]

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Wall Street Gets Its Way in Washington

. . . . You can pause intro music below Wall Street Gets Its Way in Washington . Piggybankblog posted on 08/24/12 Cross linked with bloomberg.com Every once in a while the financial industry lives up to its critics’ worst expectations: that it operates against the interest of the investing public, in cahoots with captive [...]

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60 Minutes Piece On the case against Lehman Brothers

. . . . You can pause intro music down below The case against Lehman Brothers . Piggybankblog posted on 08/20/12 Cross linked cbsnews.com (CBS News) It’s hard to overstate the enormity of the 2008 collapse of Lehman Brothers. It was the largest bankruptcy in history; 26,000 employees lost their jobs; millions of investors lost [...]

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UPDATE 3-Standard Chartered in talks to settle Iran laundering probe

. . . . . You can pause intro music down below. UPDATE 3-StanChart in talks to settle Iran laundering probe . Piggybankblog posted on 08/13/12 Piggybankblog posted picture Cross linked with reuters.com . * Bank, New York regulators talked settlement amount -sources * Bank pursuing early settlement * Bank also prepares for hearing to [...]

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