February 26, 2010
Middle America is still reeling from the economic meltdown of 2008-2009 with no end in sight to the suffering of many from the reckless gamblers on Wall Street, our banking institutions, insurance corporations and government. Many lives were turned upside down and unlike in the case of Enron and others, the perpetrators are not being brought [...]
Tagged as:
AIG,
Banks fraudulent activites leads to economic meltdown,
Bill Black on fraud and bank getaway,
CFO bonuses,
Fannie May,
Freddie Mac,
Large CEO,
pbs,
Recurrent Economic Crises Possible,
TARP,
why no convictions from the bank fraud
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January 14, 2010
By Rick Newman Posted: January 13, 2010 In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 [...]
Tagged as:
AIG,
Baby Boomers Retirement,
bailout,
Economy Precarious,
Fannie May,
Freddie Mac,
Mortgage Foreclosures,
Obama,
Recession and Recovery,
Social Security,
Stocks,
Tea Party,
U.S. Debt
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The Biggest Swindle In U.S. History And Still Few Arrests (VIDEO)
February 26, 2010Middle America is still reeling from the economic meltdown of 2008-2009 with no end in sight to the suffering of many from the reckless gamblers on Wall Street, our banking institutions, insurance corporations and government. Many lives were turned upside down and unlike in the case of Enron and others, the perpetrators are not being brought [...]
Tagged as: AIG, Banks fraudulent activites leads to economic meltdown, Bill Black on fraud and bank getaway, CFO bonuses, Fannie May, Freddie Mac, Large CEO, pbs, Recurrent Economic Crises Possible, TARP, why no convictions from the bank fraud
Read the full article →