Posts tagged new york

• Bernanke, Greenspan and Paulson were Wrong on Fannie and Freddie, Housing Crisis

  Paul Kiesel | September 08, 2008 5:38 PM | 2 CommentsLos Angeles, CA Category: Miscellaneous
  

  On July 16, Federal Reserve Chairman Ben Bernanke told Congress that he believed Fannie Mae and Freddie Mac would be able to make it through the storm of the U.S housing crisis. In front of...

• Many Economists Should Have Been Listening to Nouriel Roubini aka Dr. Doom

  Paul Kiesel | August 15, 2008 7:50 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  NYU Economics Professor Nouriel Roubini or as the New York Times calls him, Dr. Doom, foresaw the eventual housing bust in September, 2006. He belonged to a minority group of economists who shared...

• Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Paul Kiesel | October 27, 2008 5:22 PM | 8 CommentsLos Angeles, CA Category: Miscellaneous
  

  As noted last week, the FDIC and Congress both have foreclosure bailout plan proposals that would require the government to buy under water mortgages and place those borrowers into government backed...

• Discontent at Mortgage Bankers Association Convention as a Protester Attempts to Arrest Karl Rove

  Paul Kiesel | October 22, 2008 4:31 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  From the New York Times: SAN FRANCISCO — It was just another business-as-usual day at the annual convention of the nation’s mortgage bankers: a few panels, a few presentations and an...

• Washington Mutual's Lending Operation: A Boiler Room Environment

  Paul Kiesel | November 04, 2008 3:26 PM | 5 CommentsLos Angeles, CA Category: Miscellaneous
  

  Yesterday, the New York Times reported on a senior mortgage underwriter who had, previous to the subprime and pay option ARM loan boom, been proud of her ability to spot fraud and other problems in...

• Maclaren Stroller Defect Went Unfixed for Five Years

  Paul Kiesel | November 19, 2009 7:15 PM | 0 CommentsLos Angeles, CA Category: Defective & Dangerous Products
  

  From the New York Post: Maclaren knew for at least five years that its strollers could lop off a child's finger, but did nothing about the dangerous defect until federal regulators all but forced...

• Cardinal Dolan Vows to be the "Same Kind of Priest" He's Been for the Past 33 Years: Indifferent to Clergy Abuse Victims

  Paul Kiesel | April 15, 2009 7:42 PM | 2 CommentsLos Angeles, CA Category: Miscellaneous
  

  From the February 26, 2009 Los Angeles InjuryBoard blog, Archbishop Timothy Dolan to Sexual Abuse Victim: 'What was the Name of Your Guy Again?': [. . .] Over the last three decades, 60 to 70...

• KV Pharmaceutical and Ethex Corporation: We've Got an Oversized Pill Problem

  Paul Kiesel | January 07, 2009 9:53 PM | 0 CommentsLos Angeles, CA Category: FDA & Prescription Drugs
  

  Two days before Christmas, KV Pharmaceutical Co. lost half its value in New York trading after the drugmaker, announcing a fourth recall of medicines that may contain excess doses, stopped shipping...

• Who's to Blame for the Economic & Housing Crisis?

  Paul Kiesel | September 18, 2008 3:48 PM | 1 CommentLos Angeles, CA Category: Miscellaneous
  

  Who deserves the blame for the economic and housing crisis? It's difficult to point the finger at one individual for instigating this mess, because many people were involved. In fact, the blame...

• McCain: Mortgage Flip-Flopping

  Paul Kiesel | July 10, 2008 5:41 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  To have a change of mind or heart is not a bad thing. People change their minds all the time. So when most people accuse politicians of flip flopping, they're really accusing them of changing their...