Subprime

Subpriming with Michael Lewis

Posted Wed, 11/26/2008 - 06:45 by Aaron Barlow

When I returned to the United States in 1990 after spending most of the previous six years in Africa, one of the first books I read was Michael Lewis's Liar's Poker. I wanted to catch up with a culture that had moved away while I was away. It boggled my mind; all I could think of was Sammy Glick, in Budd Schulberg's classic What Makes Sammy Run? It turns out that I wasn't wrong to make that connection. Schulberg, who is now 94, has spent his life since creation of Sammy fending off those who would thank him for providing a roadmap to Hollywood success.

Freddie Mac hit the Brakes, on the Easy Credit Party

Posted Sat, 10/11/2008 - 13:54 by jamess

great collection of data, again, by jamess. Originally posted 2008-10-10 13:58:16 -bumped, cho

These guys were perfectly happy to get you into that New Home, "No Matter what it takes," during the hay-days of the Ownership Society.

Strawman Buys A House

Posted Tue, 10/07/2008 - 05:35 by rba
Mark Hamblett/NYLJ: Three Plead Guilty in Multimillion-Dollar Subprime Scheme: Accused of using false documents and straw buyers to obtain loans fraudulently, the three were among 26 people indicted in the subprime scheme. Some little piggies went to market, more little piggies stole homes, and these little piggies cry "wee, wee, wee" all the way to the federal joint. :: :: :: Image © 2002 by Center for Understanding the Built Environment (CUBE)

Bailout Blackmail - Just Say No! The Money Party (7)

Posted Tue, 09/23/2008 - 18:23 by MichaelCollins

The Money Party (7):

Bailout Blackmail


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