Aug 16th 2010 3:36PM
The future is here, and not a moment too soon. Tomorrow, Treasury Secretary Timothy Geithner and HUD Secretary Shaun Donovan, pictured left, will host a conference on the future of housing finance. Before you click away or fall asleep -- pay attention. What's at stake is nothing less than whether or not you -- or the buyer... Continue Reading »
Apr 9th 2010 5:30PM
Ever wonder why banks have been so slow to modify home loans on the brink of foreclosure? I have. Well, part of the answer may have just been revealed in a recent story in London's Financial Times. The story is about the resistance of some investors to get back into real estate, especially as the federal government winds... Continue Reading »
Apr 8th 2010 2:40PM
We're good guys, really! Goldman Sachs, the publicly vilified former investment bank famously nicknamed a "great vampire squid wrapped around the face of humanity" by Rolling Stone's Matt Taibbi for the way its seemingly wraps its tentacles around every far flung money-making opportunity, issued a defense in its annual... Continue Reading »
Apr 3rd 2010 9:15AM
The stock market hit a new high for the year this week, and Wall Street bonuses are resurgent. The financial sector is booming... but legislation to reform the financial system is still stuck in Congress. It's a little like watching a recovering cancer patient sit up in bed and reach for the cigarettes. How do we make... Continue Reading »
Mar 22nd 2010 3:50PM
While House reps sleep in after their weekend health care marathon, this afternoon the Senate Banking Committee starts poring over the financial reform bill introduced by Senator Christopher Dodd (D-CT). A little detail in there is set to have a huge impact. It boils down to a prudent bit of behavior known colloquially... Continue Reading »
