bank crisis

American Ingenuity From A Small Guy

by Tom Koziol | March 27, 2009

If you feel bombarded by all of the news on the latest stimulus package, the latest “help-the-homeowner” proposals, the latest proposed changes to the tax laws, the latest foreclosure bailout proposals, the latest $7500 tax credit (that’s really a loan) for first time home buyers and all of the latest static in the air to [...]

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Commentary

Shame on Barney Frank – Democrats No Help To Foreclosure Victims Either

by Rob K. Blake | January 10, 2009

I have written here on BiggerPockets extensively on the complete lopsidedness of the banking bailout and how the preference was given early on to helping Wall Street fat-cats over Main Street foreclosure victims. The bailout bill created the Trouble Asset Relief Program (TARP), funded it with $750 Billion of which about $350 Billion still remain [...]

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Commentary

Global Economy Melts & Takes Focus Away From Foreclosure Debacle

by Charles Feldman | October 8, 2008

It’s soooooo old news, isn’t it? I mean, all that stuff about people not being able to pay their mortgages and the rising population of those facing foreclosure, is so old hat now. What is really important, after all, is the survival of big banks! At least, it would seem that way from the news [...]

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Commentary

Theories on Liquidity

by Tom Koziol | September 22, 2008

Trust, value, respect for one another, confidence, a person’s word plus a laundry list of other descriptives comprise not only our social fabric but our national financial landscape. If it were otherwise, we’d all need to walk around with pistols strapped to our leg. That is my segué into a nasty trick Wall St pulled [...]

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Commentary

Why People Who Think Real Estate Mess Will Soon Improve Are Wrong

by Charles Feldman | April 9, 2008

How is this for a blunt statement: If you are one of those who believes this subprime real estate debacle is going to turn around anytime soon, you are wrong! I’m not saying you are probably wrong. I’m not saying you may be wrong. I’m not even saying that more than likely you are wrong. [...]

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