1:28 pm in Economic News by 662_Bodyboard_Shop
Subprime scandal: The Financial Crisis Inquiry Report blames regulators for falling asleep on the job and missing all the shoddy mortgage lending. They didn’t miss it. They encouraged it. But they were only following orders from Washington politicians, who
Read the rest here: Whitewashing The Crisis
1:44 pm in General News by Abby Anderson
Home Finance: Fannie and Freddie are still bleeding losses, costing taxpayers billions more each month. Yet the White House continues to delay reforms, in defiance of a congressional order. On Monday, the White House was to deliver a report to Congress proposing fixes to the government-sponsored mortgage giants at the center of the financial crisis. It was under statutory requirement to make that Jan. 31 deadline. But it blew it. The White House
View original post here: Stalling On Fan, Fred
by Andy Postel
3:13 pm in General News by Andy Postel
Constituent opinions clearly matter to lawmakers, but lobbyists may play a greater role than a recent report states, analysts say.
Original post: A second look at activist influence
by Abigail Gray
10:10 pm in General News by Abigail Gray
The fog of news.
Greg Sargent gets DHS on the record in denying a report yesterday that supposedly tied Jared Loughner to an anti-semitic fringe group. The initial report from Fox provided the basis for a number of assumptions about the attack and its motivations: For the last 24 hours, the Web has been alive with speculation that the [...]
by Acai Berry
7:33 am in Economic News by Acai Berry
Subprime scandal: As we predicted, a “bipartisan” Financial Crisis Inquiry Commission next month will deliver a highly partisan report blaming Wall Street and Republicans for the mess — not government. Last year, Nancy Pelosi and Harry Reid sold the congressionally appointed panel as a serious investigation of the root causes of the crisis. They promised an authoritative report, similar to the one the 9/11 Commission produced, to help ensure the
by Ace Spade
1:01 pm in General News by Ace Spade
Brinksmanship.
That’s according to this report that was being passed around on Twitter earlier. In the spirit of the season, and since his vacation’s off to a, er, bad start, I’ll raise a glass of eggnog to The One for this. The delegation that visited Beijing included Deputy Secretary of State James Steinberg and Jeff Bader, [...]
by admin
4:05 pm in General News by admin
College has gotten a lot more expensive. A recent Money magazine report notes: “After adjusting for financial aid, the amount families pay for college has skyrocketed 439 percent since 1982. … Norma
Go here to see the original: Higher Education’s Bubble is About to Burst
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