Hey Dick Fuld, Lehman Screwed This Old Woman Under Your Watch

93-Year-Old Woman Faces Foreclosure On West Hollywood Home CBS Los Angeles A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home. Hilda Vinalas took out a loan after facing financial troubles after her husband, Henry, died. The couple purchased the home 60 years ago for $30,000 and paid it […]

Lehman Docs Show Wall Street Arrogance Led To Financial Collapse

William D. Cohan, Bloomberg If one wants to understand the full complicity of Wall Street in the Great Recession, look no further than the voluminous package of pre-collapseLehman Brothers documents that have been made available by the law firm Jenner & Block LLP, which has acted as the coroner in the Lehman post-mortem. Most important, the cache dispels […]

MLive’s Jeff Wattrick Blogs About Foreclosures While Camping Out W/ Occupy Detroit

And Yes, I’m quoted in the article!  Jeff Wattrick, MLive If you want to talk about Wall St. kneecapping the middle class, the conversation has to start with the subprime mortgage meltdown and the foreclosure mess that followed. It’s an issue the Occupy movement has focused on, including here in Detroit where protesters rallied outside […]

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