
In 2011, and in response to the “robo-signing” scandal that would eventually lead to the National Mortgage Settlement, Nevada became the first state to do something legislatively that served to reduce the number of foreclosures dramatically.
The bill, AB 284, required banks to sign affidavits stating that the person signing had personal knowledge
...Mediocre Poison Eaters And The Imperfection of Evolution National Geographic
Washington gets explicit: its ‘war on terror’ is permanent Glenn Greenwald, Guardian
“Astoundingly Disturbing”: Obama Administration Claims Power to Wage Endless War Across the Globe Democracy Now

The 18 states designated as being those “hardest hit”by the foreclosure crisis were given a total of $7.6 billion in February of 2010. The money was to be used by the states to help homeowners through various programs designed by the states and approved at the federal level.
As last year ended, “about $1 billion” of that money had been spent, acc
...Bill Moyers is joined by the heads of two independent watchdog groups keeping an eye on government as well as on powerful interests seeking to influence it. Sheila Krumholz, executive director of the Center for Responsive Politics and OpenSecrets.org , and Danielle Brian, who runs the Project on Government Oversight , talk to Bill about the...
By Sell on News, a macro equities analyst. Originally posted at MacroBusiness .
One of the puzzles of the global financial crisis has been that there has been no push for debt to equity swaps. In previous crises, most notably the Latin American debt crisis of the 1980s, arguably the beginning of the modern era of hyper usury and financial debauch...
Cross-posted from Testosterone Pit . Contributed by Chriss Street : Specialist in corporate reorganizations and turnarounds, former Chairman of two NYSE listed companies. His latest book, The Third Way , describes how to achieve management excellence and financial reward by moving organizations from Conflict and Confrontation to Leadership and...

Here’s what can happen when people get lulled into a false sense of security listening to the news stories about how our housing markets have rebounded and foreclosures are down… we risk losing the things that are helping homeowners.
When the foreclosure crisis began, and for the first few years as foreclosures continued unabated, foreclosure
...
We all know what happened as a result of the mortgage market melt down[1] that began during the summer of 2007… we’re still nursing our wounds, millions have lost homes, millions are still at risk of foreclosure.
We all remember TARP and the taxpayer funded bailouts of Wall Street’s largest investment and commercial banks almost like it happened y
...Do you like my mane? Cat owners transform their pets into lions in latest internet craze Daily Mail (SW)
Cells as living calculators MIT News
Tony Hayward becomes Glencore Xstrata interim chairman FT
White House scandals
Why Washington scandal-mania may save Medicare and Social Security Greg Sargent, WaPo. Just like Monica.
...