Elizabeth Warren v. the Right Wing Smear Machine

By: Friday September 23, 2011 12:55 pm

Elizabeth Warren has had a good launch to her Massachusetts Senate campaign. She generated a lot of energy in the state with her announcement tour and a viral video on class warfare admired by liberals throughout the country.  That was quickly followed by fabulous early polling, showing her slightly ahead of Scott Brown in a [...]

Geithner on Foreclosure Fraud: What’s the Problem?

By: Thursday December 16, 2010 12:51 pm

The Congressional Oversight Panel held a hearing today with Treasury Secretary Timothy Geithner. The issue areas were broad, but the COP’s two most recent reports have concerned the failure of HAMP and the significant systemic risk to the financial system from foreclosure fraud and investor put-backs. So obviously, this was a major subject in today’s [...]

HAMP Failure Laid Out in Congressional Oversight Panel Report

By: Tuesday December 14, 2010 7:02 am

I know we’ve been talking about the tax rate like it’s the only thing that affects the economy, but the truth is that housing has led every recovery in the last 50 years, and there’s absolutely no sign that the market will pick up or that we’ve even begun to arrest the foreclosure problem. The [...]

Congressional Oversight Panel Report Highlights Systemic Risk of Foreclosure Fraud

By: Tuesday November 16, 2010 7:27 am

“Clear and uncontested property rights are the foundation of the housing market. If these rights fall into question, that foundation could collapse.” -Ted Kaufman, Congressional Oversight Panel, November 16, 2010 The Congressional Oversight Panel, the TARP watchdog program formerly chaired by Elizabeth Warren and now helmed by former Senator Ted Kaufman, has released a report [...]

This Week’s Developments in Foreclosure Fraud

By: Monday November 15, 2010 8:18 am

Forget about the lame duck session for a second. It doesn’t look as if a whole lot will be accomplished, and outside of Charlie Rangel’s ethics trial there isn’t much entertainment value to be had, either. Of far more news value will be the developments this week on foreclosure fraud, only one of which involves [...]

Anti-Warren Forces Push Lamest Conflict of Interest Non-Scandal Ever

By: Wednesday September 29, 2010 6:15 am

Unable to score points against Elizabeth Warren on the merits, the business press is now reduced to dredging up a two year-old lawsuit to try and present the appearance of impropriety in her conduct on the Congressional Oversight Panel: Elizabeth Warren, named by President Barack Obama to set up the new consumer finance agency, was [...]

Humble Blogger Coming to You Hat in Hand; Phone Screw Up Bounces Me from Elizabeth Warren Conference Call

By: Friday September 17, 2010 12:06 pm

OK, people, I’m kind of in meltdown mode right now. So I was on a conference call set up by the White House with Elizabeth Warren. I waited patiently to ask my question, and got it in. (No big surprise, it was about HAMP.) Moments after I asked it, I got bounced from the call. [...]

Geithner Extends TARP

By: Wednesday December 9, 2009 10:03 am

Treasury Secretary Timothy Geithner announced today that he would extend the Troubled Asset Relief Program, or TARP, until next October, as per his authority. TARP has been in the news lately because its final price tag to the US government has been revised downward by $200 billion dollars. The Obama Administration is talking about using [...]

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