Tag: banks
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Why REO Sales are Sizzling Coast to Coast
REO sales are up an dthe investors have a never-before opportunity to make their day with cheap real estate
The Great American Credit Machine
'Lender - Borrower' ... a most acrimonious love nest by nature and one detailed by Charles R. Geisst in Collateral Damaged. Each side denounces the other as evil, but seek the partner, often in the middle of the night. How does the scorn of 'be
Credit Cards and the Rape of the Consumer
Big banks got taxpayer money to stimulate lending - but what if they actually cut credit lines to businesses trying to add new jobs? That is happening in this case. What is your experience?
The ‘New Plan’ Same as the ‘Old Plan’ – Or Much Ado About Nothing
Amid all the speculation and advance press releases in the end all the hype was 'much ado about nothing,' since the speech appeared to be prepared by a press agent for Mr. Geithner, Mr. Obama and Congress more than any 'plan.'
AIG: Dodd’s ‘Mea Culpa’ Rings Hollow
In the continuing saga of the AIG executive bonuses extended Sunday by Geithner and Treasury, another player stepped up to the plate in addition to President Obama's rather weak excuse for an apology...
