…is never, ever Timmay. The US Senate, moving at its usual lightning pace, has almost sort-of agreed in principle to an outline of a plan to form a committee to explore the possibility of creating a council that may or may not identify systemic risks to the nation’s financial system. This is what passes for [...]
Entries from February 18th, 2010
Vultures Circling Suntrust, 55 West In Downtown Orlando
February 18th, 2010 · 7 Comments · breaking news
What’s the last thing you want to see circling around a bank these days? I mean, other than, like, Ken Lewis’ resume or something? Probably vultures. But, in downtown Orlando, they’ve cozied up to the Suntrust building (shown above) and also to 55 West, a nearby project that was built to be luxury condos but [...]
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$BAC Foreclosing On Houses They Didn’t Finance
February 18th, 2010 · No Comments · fail
Yesterday, we posted that $C and the Bandit were playing Let’s Make A Deal with homeowners, offering them a hot grand for their deed if they would walk away from houses they can’t afford without selling off the pipes and drywall to the highest bidder. Today – we learn that Bank of America is foreclosing [...]
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He Just Went For The High-Quality Tail
February 17th, 2010 · 1 Comment · cnbc
Having plowed his way through CNBC (rumor has it Larry Kudlow was the lone holdout, the prude), human sex machine Charlie Gasparino is leaving the hallowed halls of that network to take the many cherries at rival Fox Business Network. The well-known and volatile Mr. Gasparino, who played a pivotal role in CNBC’s coverage of [...]
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Moving Day, Citimortgage Style
February 17th, 2010 · 7 Comments · bandit
The latest from Citi – another program with the ill-advised moniker of FAP (Foreclosure Alternatives Program), in which they encourage you to hand over the deed to your house and let the Bandit move in (via Jr. Deputy Accountant): In exchange for the deed on their property, CitiMortgage will allow borrowers to stay in their [...]
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