Lionheart Group Scam Prevention Steps

Like most politicians, Treasury Secretary Tim Geithner likes to talk out of both sides of his mouth, generally saying contradictory things in sound bites that may sound reasonable at first glance, but look idiotic upon closer inspection. For example please consider Private sector must drive economy: Geithner During an interview on NBC’s “Meet the Press,” Geithner also said the government has big plans for reforming Fannie Mae and Freddie Mac, the housing finance giants that now …

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Hypocrite Geithner Says Private Sector Must Drive Economy

Here is something a bit different for lighthearted weekend reading that I just stumbled upon: Writing For Readers — 5 writing styles for maximum impact by Dave Doolin. Millions of blogs now inhabit the internet. It seems like there are a million different writing styles as well, with the writing ranging from amazingly awesome to painfully poor. As it turns out, a small number of article styles predominate on the blogs with the best writing and most popular content: Snackable: Seth Godin, …

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Five Writing Styles For Blogs

The Economist (blog) Fox News's 50-state Southern strategy Salon I was home . The attempted slur was silly. The most important point is this: Fox News has, sadly, become the purveyor of a 50-state “Southern strategy,” the … Rush: 'Breitbart was exactly right' Big Government (blog) all 3,017 news articles

Literary agent’s sale of book rights to Amazon viewed as watershed moment for the industry in the digital age

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Wylie’s split with publisher seen as bad omen

As many as five US banks failed to report hundreds of billions of dollars in credit derivatives bought from foreign counterparties during 2009, leaving those risks below the radar of regulators in the US and Europe

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Alarm at banks’ unreported risk

Apollo Management, which last year looked likely to be one of the victims of the global financial crisis, has staged a strong recovery, in large part due to the way it has taken advantage of the rally in debt markets and its strength in investing in distressed companies

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Apollo funds rocket as debt deals fuel recovery

Private equity group Apollo Management will establish a new bank under an obscure provision buried in the US financial regulations signed into law last week.

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Apollo exploits loophole to create new bank

The Liberal Tax Revolt: Is it a Game-Changer? Big Government (blog) The liberal tax revolt, as the Wall Street Journal is calling it, is a very important topic — especially for investors and small-business … and more

Video Games You Can Win People are wasting massive amounts of time on video games with dozens of levels and components that need to be mastered. I have found a solution. Video games easy to master. Here are some examples of video games you can win. Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post ListMike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. …

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Sunday Funnies 2010-07-25 Reflections on the Middle Class

Last Friday seven more banks failed bringing the total bank failures to 103. U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon. The seven bank seizures announced Friday bring to 103 the failures so far in 2010. The pace of bank closures this year is well ahead of that of 2009, which saw a total of 140 banks shuttered amid the recession and mounting loan defaults. That …

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William Black: "Unlimited Taxpayer Bailout" of FDIC Coming; FDIC Shell Game Hides the Bailout

Here is an interesting pair of stories at odds with each other, the first article is about problem loans at Chinese banks, the second is about a rating agency mud fight. Bloomberg reports Chinese Banks See Risks in 23% of $1.1 Trillion Loans Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, according to a person with knowledge of data collected by the nation’s regulator. About …

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Chinese Banks Face Default Risk on 23% of $1.1 Trillion Loans; Chinese Rating Agency Criticizes Moody’s, Fitch, S&P

OregonLive reports PERS rates for state agencies will more than double in 2011.The actuary for Oregon’s Public Employee Retirement System confirmed Friday what is already a common-knowledge piece of the state’s looming budget shortfall: the cost of funding PERS will increase sharply in 2011. Mercer Inc. told the PERS board Friday that systemwide, the payroll rates paid by cities, counties, school districts and state agencies to cover their employees’ pension and health care benefits will more …

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Oregon’s Public Employee Retirement System (PERS) in Deep Trouble, Taxpayers on the Hook

Goldman Sachs is facing a threat by the Financial Crisis Inquiry Commission to hire outside accountants to comb through the bank’s systems for data on its derivatives business, the panel’s chairman has said

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Goldman threatened with audit by US panel

Personal Financial Management mortgage scam hearing · SBA Low-Interest Disaster Loans · Hillary Clinton on No Child Left Behind and College Loans · Home Loan Predictions for 2010 – Sam White · Freddie Mac En Español …

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Personal Financial Management mortgage scam hearing | Zunley

Investors’ growing interest in African private equity will be underlined when US-based Emerging Capital Partners announces that it has raised $613m for a fund targeting deals from the Maghreb to the Cape of Good Hope

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Buy-out group’s $613m fund for Africa

The last day of April and the end of the first-time buyer tax holiday was expected to be a dark day for US housebuilders. Yet few anticipated how sharply activity levels would fall once government support was removed

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Housebuilders hit by US tax credit hangover

Now under Fannie Maes new guidelines, that tenant, if they are lucky enough to have Fannie Mae own that property, or own that note, you may actually get to stay in the house because Fannie Mae has some new guidelines that … …

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AZ REFI – Foreclosure Meltdown Fraud and Scams – Avoid Foreclosure …

Love on the Other Side of The Street – Can Hope Conquer Wall Street's Woes? Huffington Post (blog) In an attempt to restore my own hope, I gathered with friends to bring some Love to Wall Street . The purposeful venue was the terrace of 15 Broad Street in …

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Love on the Other Side of The Street – Can Hope Conquer Wall Street’s Woes? – Huffington Post (blog)

“I think we’re not going to preserve Fannie and Freddie in anything like the current form,” Geithner said on “Meet the Press.” “We’re going to have to bring fundamental change to that market.” Investor’s Business Daily makes clear that it is not …. The anatomy of a scam , new Geitner book. So when will the journolists ever do any real questioning? NEVER right? Looks like the governed has some ass kicking and then trash to take out. Do they everybody in America has turned …

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Michelle Malkin » Putting the tax in tax-and-spend liberalism

Scams find new home on the Web Greensboro News & Record “We work too hard to give our money away.” Dominique said that she has learned a lesson in prudence. “I've been a lot more cautious, and I've only used the …

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Scams find new home on the Web – Greensboro News & Record

Couple's car scam runs out of gas phillyBurbs.com When police set up surveillance of the Russian couple's home , Corvettes, Audis and other high-end cars backed into the driveway where young men tinkered …

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Couple’s car scam runs out of gas – phillyBurbs.com

the CEO’s of Fannie Mae and Freddie Mac (both huge contributers and advisers to the Obama campaign, and one of whom was on Obama’s Vice Presidential vetting/selection committee) … To me, this is the biggest scam perpetrated in this election: shunting blame onto the Republicans, for a crisis that clearly stems from Democrat/liberal policy, and social engineering with bank loans to unqualified and unreliable borrowers, that inevitably exploded in our faces. …

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Why is the subprime crisis blamed on Republicans instead of Dems …