chowsquid

Anyone that things the mortgage meltdown is only between the evil bankers and the evil home speculators should read this article.
"There, more than 1,000 homes stand vacant and decaying in a neighborhood that once thrived with families living the American dream of home ownership."
Cleveland city leaders have been dealing with the subprime mortgage fallout [...]

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Cramer lost it again. He’s finally went nuclear or nucular. Last night on his Mad Money show, former Goldman Sachs employee Jim Cramer went ballistic about the bailout myths that’s stifling America’s prospects of a foreclosure recover. Without this bailout plan passed “yesterday”, Jim Cramer painted pictures of the 1929, the American Great Depression.
Cramer really [...]

Sirius and XM radio have finally gotten the regulatory approve to abuse it’s customers with monopolistic monthly rates and shaft their artist with price pressure. Way to go. Now Cramer doesn’t have to get two cars to listen to Howard Stern (Sirius) and Major League Baseball (XM).
Cramer did admit that the length of the delay [...]

Guests for the show:
Bert Ely, consultant, financial services industry
Kathleen Day, Center for Responsible Lending
James Leach, director, The Institute Of Politics At Harvard University’s John F. Kennedy School Of Government; Former U.S. Congressman from Iowa (1977-2007)
Robert Hartheimer, special advisor, Promontory Financial Group, former director of the Division of Resolutions at the FDIC 1991-1995
 
Quotes from the show:
“In [...]