american dad

Putting $1T Subprime Mortgage Losses in Perspective

the subprime problem would not be such a mess if it was not for wall street and greed..simply said! Why would it be so hard for the financial sector to stop rapeing home owners at a time of crisis. All they had to do for the most part is to take the rates that homeowners with variables were able to pay before the jump and offer to convert to fixed close to that range so the home owners can center there attention on earning a living while keeping a roof over there heads...but no...gotta have that greed for the investors...so the govt. will guarentee that double and triple digit return...even after there banks fail, not one exec sits in jail...they just laugh all the way to the next bank....

Who's to Blame for IndyMac's Failure?

the senator did what no one in leadership has the balls to do...stand up, speak out, and take on wall street! Care to disclose how much of the run on the banks have been by it's own execs and insiders? Now if someone would only speak out about NYMEX! Funny how States can say that counties can't take out funds for a balanced budget, yet reap the rewards from investing there pension funds in the same hedges that are breaking our backs! Speak out, speak out, Who's really gives a damn about the hard workers who get up every morning so many can sit in there leather chairs? The survivors of it all will be old fashion solid founded and principled companies who take pride in there success.