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Bank of America forecloses on un-mortgaged Florida home… that’s hardly news....
Bank of America foreclosed on a home in Collier County, Florida. That’s certainly not news. The home’s owners, Warren and Maureen Nyerges, had paid cash for the property, so there was no mortgage on...
View ArticleCitigroup to Pay a Mere $285 Million to Settle SEC Charges for Misleading...
Notice how the above graphic does not include a section for PROSECUTIONS stemming from the financial crisis. ~ Citigroup to Pay $285 Million to Settle SEC Charges for Misleading Investors About CDO...
View ArticleMF’s Corzine Ordered $200 Million of Customer Funds Moved to JP Morgan, Memo...
MF’s Corzine Ordered Funds Moved to JP Morgan, Memo Says Jon S. Corzine, MF Global Holding Ltd. (MFGLQ)’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer …...
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Open thread: Louisiana votes: Update: Santorum closes the deal
Cajun Comeback? So is Louisiana a comeback kid moment or another yawn festival briefly interrupting the march to Mr. Inevitable? If the former, Rick Santorum is looking pretty good. Rick Santorum is...
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You’ve got to give it up for the Spaniards… unless they’re bankers.
Camping in Zuccotti Park? Bank Transfer Day? Occupy protesting evictions… singing in courtrooms to disrupt trustee sales… lawsuits heaped upon lawsuits… yawn. What has happened to us? We used...
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Wells Fargo Hates Me! Bank Freezes, Closes Wrong Account
Wells Fargo Bank CEO John Stumpf Did you see what happened yesterday? It’s hysterical, really. I mean, not for Aaron Krowne at ML-Implode, or Michael Nazarinia at Rest Report Matters… you see, Wells...
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President Obama, Bored With the Foreclosure Crisis. That Explains A Lot,...
Jean Braucher is the Roger C. Henderson Professor of Law at the University of Arizona law school. She occasionally guest posts on Georgetown Law School Professor, Adam Levitin’s blog, Credit Slips....
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Why No Prosecutions
The NYTimes had a very good editorial today bemoaning, with resignation, that there will not be any serious prosecutions of senior bank executives or institutions for the financial crisis. The...
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