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The Garrett, Watts Report (Last issue, 2009)

6 hours ago ago from Mortgage News Clips

To Our Clients, Colleagues and Friends, Last week we made fun of the Wells Fargo 2010 calendar for showing black and female stagecoach drivers, chiding them that they looked like they were trying to be politically cool. Naturally, we heard from several Wells Fargo-ites, and sure enough, a Delia Rawson carried the U.S. mail for Wells Fargo back in the 1880’s. And in an 1869 photograph, an unidentified African-American driver is seen guiding ...

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Guestblog: Armchair economists are oversimplifying the financial crisis

11 hours ago ago from Phil the Pill

Pierce is a good friend and someone I trust to shed some valuable insight on the financial crisis that began in 2008. He and I don't always see eye to eye on what the worst possible outcomes from financial regulations can be, but in any argument we have, he runs circles around me with his knowledge. So, before you go running your mouth on how you know what caused the Great Recession, listen to a guy with a background in finance and the good ...

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La opción para el desarrollo económico es el Banco de desarrollo del Estado

10 hours ago ago from La Guayana Esequiba

Tomado de: Financing Economic Development: The State Development Bank Option http://www.stabroeknews.com/2009/features/12/23/financing-economic-development-the-state-development-bank-option/ By Stabroek staff December 23, 2009 in Daily, Features Part 1 By Tarron Khemraj Introduction Financing economic development is not going to be an easy task. The Jagdeo Administration has sought to circumvent the binding constraint of limited ...

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Wells Fargo mortgage refinancing options now exist

13 hours ago ago from Reduce Your Mortgage Online

Wells Fargo mortgage refinancing options now exist for many people thanks to President Obamas stimulus plan. Only selected mortgage lenders or banks can offer the Presidents stimulus plan and Wells Fargo is one of them. Here is some advice on refinancing a mortgage with Wells Fargo and Obamas stimulus program. This stimulus program from Obama is designed to help homeowners, reduce the number of foreclosures and loan defaults, and relieve ...

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Banks Bundled Bad Debt, Bet Against It and Won. The Losers? You Guess is Right...Its Us

25 minutes ago ago from The Cynical Economist

From TNYT By  GRETCHEN MORGENSON and  LOUISE STORY In late October 2007, as the financial markets were starting to come unglued, a  Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm. Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were at first intended to protect Goldman from ...

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