Quicken Loans Faces Losing Billions Of Dollars If Found Liable Under False Claims Act Detroit-based Quicken Loans has been sued by the DOJ today under the False Claims Act. The DOJ alleges that Quicken bullied appraisers to receive higher values for applicants. They also allege underwriting managers encouraged underwriters to “fudge” the incomes of hundreds […]
Wall Street Banks screwed major American cities like Chicago A few weeks ago, Ed Walker at Naked Capitalism wrote a piece about a white paper Saqib Bhatti of the Roosevelt Institute wrote last year detailing how Wall Street Banks screwed major American cities out of much needed cash. Bhatti claimed that cities are getting squeezed because […]
As Winter Arrives, One Group Could Save The Iron Throne From Plunging Further Into Chaos It seems the incestuous Queen Regent of the Iron Throne knows more about wine and sexually pleasing her brother than she does about economics. Cersei Lannister’s leadership is driving the economy of the Seven Kingdoms toward a fiscal cliff. This […]
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