There’s a huge buzz out there among homeowner activists who are feeling vindicated for the hard work they’ve done over the past couple of years and in many cases even longer. The recent news inundating the headlines of blatant fraud on the part of lenders and servicers has offered proof that their actions and fight have not been in vain.
|By: Richard Zombeck Sunday October 17, 2010 6:59 pm|
|By: Richard Zombeck Wednesday August 25, 2010 3:11 pm|
What is most disturbing about the meeting with Treasury and the things that were said, or more accurately admitted, is that an argument could easily be made that this was an overt act by the administration to mislead and trick the American homeowner. That our government has been complicit in the bank’s ravaging of the bank accounts, retirement, and investments of nearly five million people.
|By: Cenk Uygur Monday May 24, 2010 9:03 pm|
Join us on Monday, June 7th at noon in front of the Treasury building to demand our $13 billion back from Goldman Sachs. First job is to get Geithner to recognize that he should have never given that particular money to that particular bank for that particular transaction. Or to come out and justify his actions. Let him step out, greet us and tell us why it was such a smart idea to pay off AIG’s side bets with Goldman.
|By: Cenk Uygur Wednesday April 28, 2010 2:35 pm|
Free market fundamentalists say the real problem with our financial sector is that they are over-regulated. If we just let the banks regulate themselves that we wouldn’t have any problems. Rush Limbaugh says Goldman Sachs is the victim. The government caused the problems with all of their rules and regulations.
|By: Cenk Uygur Friday April 9, 2010 7:53 am|
There is a glitch in the system. Alan Greenspan famously said after the collapse that he had “found a flaw” in his free market ideology. He added, “Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity (myself especially) are in a state of shocked disbelief.”