Fed’s Beige Book Shows Signs of Color

It just went beige all of a sudden
We’re all looking for that light at the end of the tunnel when it comes to America’s economy. Have things hit bottom yet? Is there truly nowhere to go but up? Or is martial law waiting in the wings? Will no fax cash [...]

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Thursday, April 16th, 2009 by
Steven Tarlow

Center For Responsible Lending: Subprime Hypocrites

Subprime economic destroyer
America has entered an economic depression. Much of the blame for this depression can be placed squarely upon the shoulders of mortgage lenders who chopped their way into the subprime market with a hatchet called optional adjustable-rate mortgages.
These types of loans were incredibly destructive to borrowers because they allowed homeowners [...]

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Friday, February 27th, 2009 by
Steven Tarlow