Archive for: Wall Street

Bank of America Beats Up Ailing Mortgage Insurer

. . . . . You can pause intro music down below. Bank of America Beats Up Ailing Mortgage Insurer . Piggybankblog posted on 11/14/12 Cross linked with dailyfinance.com . Pity poor MBIA Corp. (NYS: MBI) , the sickly bond insurer whose high-profile fight with Bank of America (NYS: BAC) over crisis-era mortgage debt is […]

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Bank of America to Pay $2.43 Billion to Settle Suit Over Merrill Deal

. . . . You can pause intro music down below Bank of America to Pay $2.43 Billion to Settle Suit Over Merrill Deal . Piggybankblog posted on 09/28/12 Cross linked story with nytimes.com Seeking to unload one of its heaviest burdens from the financial crisis, Bank of America announced on Friday that it would […]

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Mortgage Task Force Set To Take Action Over Financial Crisis

/. . . .. You can pause intro music down below. Mortgage Task Force Set To Take Action Over Financial Crisis . Piggybankblog posted on 09/21/12 Cross linked with huffingtonpost.com NEW YORK (Reuters) – The mortgage task force formed by President Barack Obama to probe misconduct that contributed to the financial crisis will soon take […]

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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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Money-Laundering Inquiry Is Said to Aim at U.S. Banks

. . . .. You can pause intro music down below. Money-Laundering Inquiry Is Said to Aim at U.S. Banks . Piggybankblog posted on 09/15/12 Cross linked with nytimes.com Federal and state authorities are investigating a handful of major American banks for failing to monitor cash transactions in and out of their branches, a lapse […]

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Neil Barofsky Might Be The Last Honest Man in Washington! He Will Tell You What's Really Going On! (Interview)

. . . . . Neil Barofsky Might Be The Last Honest Man in Washington!  He We Tell You What’s Really Going On! . Piggybankblog Posted on 09/15/12 Cross linked with Mandelman Matters He could very well be the last honest man in Washington, but he’s certainly one of the last. Former Special Inspector General […]

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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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When It Comes to the DoJ and Wall Street, Don't Call It "Justice"

. . .   .. You can pause intro music down below. When It Comes to the DoJ and Wall Street, Don’t Call It “Justice” . Piggybankblog posted on 09/12/12 Piggybankblog posted picture Cross linked with huffingtonpost.com If a recent report is true the Justice Department will need a new name — and some of […]

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Lawmakers Push to Increase White House Oversight of Financial Regulators. One of the Worst Ideas from Congress in Decades

. . .   .. You can pause intro music down below. Lawmakers Push to Increase White House Oversight of Financial Regulators . Piggybankblog posted on 09/12/12 Cross linked with nytimes.com Financial regulators may face a new obstacle in their efforts to police Wall Street. Lawmakers are pushing a bill that could curb the influence […]

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