Archive for July 10th, 2010

Teachers’ pension fund faces judgment on its strategy – Austin American-Statesman

Posted on July 10th, 2010 in Wall Street Scams | Comments Off

Austin American-Statesman Teachers' pension fund faces judgment on its strategy Austin American-Statesman Britt Harris said he and his merry band of “capitalistic Robin Hoods” set out to beat Wall Street at its own game for the benefit of … and more

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Global Housing Bubble – Based on Ratio of Price to Rent, Which Countries are the Bubbliest?

Posted on July 10th, 2010 in Economy | Comments Off

Inquiring minds are wondering where the biggest housing bubble is. In what should be no surprise, the Economist rates Australia #1, followed by Hong Kong, Spain, Sweden, France, and Great Britain. Supposedly, US home prices are undervalued and Japan (having gone through decades of deflation), the most undervalued. The Economist made its determination on the basis of price-to-rent. Please consider Housing Froth and Stagnation. In recent months several countries have experimented with …

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Global Housing Bubble – Based on Ratio of Price to Rent, Which Countries are the Bubbliest?

Blair African charity run by banker linked to US toxic loan fraud – Daily Mail

Posted on July 10th, 2010 in Fraud, Wall Street Scams | Comments Off

Daily Mail Blair African charity run by banker linked to US toxic loan fraud Daily Mail But his role in the scandal has been widely publicised, and Wall Street insiders were surprised to learn of his relationship with Mr Blair's foundation, …

6 Blair African charity run by banker linked to US toxic loan fraud   Daily Mail

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Blair African charity run by banker linked to US toxic loan fraud – Daily Mail

Indictments Announced In Mortgage Rescue Scam – Mesquite Local News

Posted on July 10th, 2010 in Fraud, Work From Home Scams | Comments Off

Indictments Announced In Mortgage Rescue Scam Mesquite Local News After receiving payment, Perez failed to do any work on behalf of her customers. “My Mortgage Fraud Task Force continues to investigate, indict and obtain …

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Indictments Announced In Mortgage Rescue Scam – Mesquite Local News

Seattle’s "Actuarial Valuation" of City Pension Plan Sinks to 62% Funded; I say it’s Far Worse

Posted on July 10th, 2010 in Economy | Comments Off

A new Seattle report says the city will have to increase pension contributions to keep its plan solvent. Please consider Seattle’s retirement investments plunge deeply. The City of Seattle will have to substantially increase the amount of money it pays into its employees’ retirement system to cover future obligations because its related investments took big hits during the economic meltdown, according to a report presented to the City Council Friday. This situation will put further pressure …

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Seattle’s "Actuarial Valuation" of City Pension Plan Sinks to 62% Funded; I say it’s Far Worse

Report: Doping investigator may talk to Hincapie – The Associated Press

Posted on July 10th, 2010 in Wall Street Scams | Comments Off

Kansas City Star Report: Doping investigator may talk to Hincapie The Associated Press … Hincapie has been contacted by the lead investigator of a federal probe into doping in professional cycling, according to a Wall Street Journal report. … Lance Armstrong lawyer trashes latest WSJ report Competitor Magazine Hincapie and Hamilton thought likely to be interviewed soon in relation to … VeloNation Focus on Landis, Armstrong lawyer says Reuters Canada AFP all 231 news articles

Mortgage Investors Turn to State Courts for Relief – New York Times

Posted on July 10th, 2010 in Fraud, Wall Street Scams | Comments Off

Mortgage Investors Turn to State Courts for Relief New York Times But successfully arguing that Wall Street aided lenders in a fraud is tough under federal securities laws. This is largely a result of Supreme Court … and more

get site traffic » Blog Archive » foreclosure agents

Posted on July 10th, 2010 in Scams | Comments Off

Republicans point to Fannie Mae, Freddie Mac and ACORN as the mortgage Satans of the 21st century, but the truth is something else entirely. Here’s one example: For two decades, Tyrone Banks was one of many African-Americans who saw his … What follows next is a story told across the country, but when the scam is played on a community just beginning to get a toehold on forward economic progress, the setback is one that may take more than a generation to overcome. …

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get site traffic » Blog Archive » foreclosure agents

Two more need the McChrystal treatment – Columbia Daily Tribune

Posted on July 10th, 2010 in Wall Street Scams | Comments Off

Two more need the McChrystal treatment Columbia Daily Tribune The Wall Street hustlers were made whole, but not so the people whose home mortgages the banks are foreclosing, or the businesses and their customers … and more

UK Roundup: Average Salaries Drop; IMF Downgrades Forecast; Pension Plans Forced to Address Liabilities; Home Prices Drop

Posted on July 10th, 2010 in Economy | Comments Off

Things look pretty grim for the UK judging from a series of articles by the Daily Mail. Let’s take a look. Average Salaries Drop Workers pay the penalty for recession as average annual salary drops

Financial reforms and consumer protections needed – Vineland Daily Journal

Posted on July 10th, 2010 in Wall Street Scams | Comments Off

Financial reforms and consumer protections needed Vineland Daily Journal I would like to thank those members of Congress who support the Dodd-Frank Wall Street Reform and Consumer Protection Act that, if it passes the Senate, … and more

Man in scam may be on lam – Nashua Telegraph

Posted on July 10th, 2010 in Work From Home Scams | Comments Off

Man in scam may be on lam Nashua Telegraph In 2008, Ehrlich promised a series of repairs, including extensive roofing work , to the man's home , Mello said. The man paid Ehrlich's business with several …

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Man in scam may be on lam – Nashua Telegraph