· Summers Dead Wrong on Cause of Crisis This from vanity fair: summers has plenty of other things figured out as well, including the origins of the current financial crisis, for which he has crafted a cogent explanation worthy of his reputation as a policy wonk and his days as a college debating champion at M.I.T.
Virginia woman gets five years in prison for short sale scams A King George County woman was sentenced to prison yesterday for defrauding the U.S. government and giving kickbacks to a utilities supervisor who awarded her company Navy contracts. Nadine B.Trulia: American homebuyers prefer new homes 2 to 1 According to a recent Trulia survey, twice as many people prefer new homes to existing homes. So what qualifies as “new”? “New” means exactly that: just-built properties that have never been lived in before, or homes purchased in the preconstruction phase. On the flip side, “existing” or resale homes are considered preowned properties, most of [.]S&P/Case-Shiller shows new low for home prices in 1Q · According to the S&P Case-Shiller index, home prices are growing at their slowest rate since August of 2015 (4.7 percent in December 2018 down from 5.1 percent in November 2018). The interesting part of that is, despite rates going down and home price growth slowing, that was not enough to offset the fact that homes are still not affordable for most Americans.S&P settles with SEC for $58 million over bond ratings fraud · The Securities and Exchange Commission today announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures and failing to clearly define and consistently apply credit rating symbols.
Larry Summers haswithdrawn his name from consideration as Fed chairman. That’s good news as far as it goes, though I doubt the president is going to pick Janet Yellen — there are too many signs suggesting that he won’t. But I’ll get to that later. First, I just want to respond to this quote from Brad DeLong in The wall street journal.
For some reason, the Obama administration seems determined not to pick Janet Yellen as the next Fed Chair. It’s odd. That elsewhere was Larry Summers. But the backlash against him has been so.
Summers rises as Obama pick to head Fed. Larry Summers, former chief economic adviser to President Barack Obama, appears increasingly likely to be his choice to succeed Ben Bernanke as Federal.
In conclusion, American policy toward Russia and the Middle East will follow the tracks laid down by the Obama administration with little. Former Treasury Secretary Larry Summers, who served under.
Lawrence Summers, the presumed top pick to replace Ben Bernanke at the Fed, has long been considered more of a hawk – and a potential Fed chief who would be less accommodating when making.
JPM’s mortgage business remained solid despite falling revenue SIGTARP: HAMP’s failure ‘devastating,’ permanent mods flat in December Quarterly Report to Congress, Quarterly Report to Congress. – Quarterly Report to Congress, Quarterly Report to Congress, Fourth Quarter 2016 by United States. Office of the Special Inspector General for the troubled asset relief programthat, despite a continued difficult economic environment, we were able to report $2.7 billion in earnings and record revenue of almost $28 billion. Of particular note, the Investment Bank reported record overall revenue for the first half of the year, which included record fees and fixed income markets revenue.
Rick Hills has an interesting critique of my paper with Will Baude on "Originalism and the Law of the Past." (The paper is forthcoming in Law and History Review, and you can find Will’s earlier post.
BofA close to beating DOJ $850M RMBS fraud suit Last week, Magistrate Judge David S. Cayer of the U.S. District Court for the Western District of North Carolina denied Bank of America’s motion to dismiss the Security and Exchange.
One way to think about what’s currently happening in a number of states is that the anti-Obama. claim the Garden State is superior in education to Texas. Murphy was responding to an April op-ed by.
This essay was submitted through the Romney campaign as a response to Lawrence Summers’ most recent column. How serious are these negative consequences of Obama’s debt buildup likely to be? Obama’s.