Financial News Links
Possibly new to you..
As Crisis Loomed, Geithner Pressed But Fell Short
Obama's people tied to Tarp bailed out firms - some were previously paid millions by them
Fannie, Freddie Bonuses Total About $210 Million
Frank's fingerprints are all over the financial fiasco
Blame the bubble on FDR, Jimmy Carter and Bill Clinton
INCENTIVES given to low income borrowers to get home mortgages they couldn’t afford.
Reagan administration allowed S&Ls to offer 100% financing (No down payments)
Without the
policies instituted by Gorelick
still in place in 2001,
officials might have learned more about the 9/11 attacks before the planes hit the buildings.
The policy of encouraging risky home loans to poor and unqualified candidates through a series of bills and policy inducements by every administration dating back to Jimmy Carter
, was the problem, and still is..
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