Visit to Fed Shows Where Any Reform Should Start
Original posted on the Wall Street Journal by Dennis Berman: He has a Ph.D. And a beard. It is hard not to think of Ben Bernanke as the embodiment of the Federal Reserve, wisely and nobly protecting the nation's financial...
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Why Excessive Risk-Takers Make Horrible Traders
Original posted on the Business Insider by Courtney Comstock: A new study from Vanderbilt University shows that people with psychopathic tendencies (like aggression, lack of empathy, lack of fear) are more prone to take excessive risk without considering the consequences....
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HAMP Debt-to-income Ratios of "Permanent" Mods
Last night I mentioned the astounding DTI (Debt-to-income) of HAMP modification borrowers who were converted to a permanent modification: 2010: REOs or Short Sales? Click on chart for larger image in new window. If we look at the HAMP program...
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Report: FDIC Seeking Buyers for Puerto Rican Banks
From Dow Jones: FDIC Seeks Buyers for Three Puerto Rican Banks According to two people familiar with the matter, the agency has hired an investment bank to try to find capital or outright purchasers for W Holding Co. Inc., R&G...
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Movie Poster: Thunder Soul
This is the Official Awesome SXSW Teaser Poster for “Thunder Soul” as designed by the crazy talents at...
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Movie Poster: Just Right
See the trailer here . Poster design by...
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Housing Starts decline in February
Click on graph for larger image in new window. Total housing starts were at 575 thousand (SAAR) in February, down 5.9% from the revised January rate, and up 20% from the all time record low in April 2009 of...
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What We’re Learning to Expect When Expecting: Lesson 1
Over the next few weeks, I'll share with readers...
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Your IRA and Your Spouse – Or Maybe Not
For anyone who has ever had a 401(k), 403(b), or a deferred compensation (457) retirement plan, (which is a high percentage of you, I assume) – there’s a major difference to an IRA that you might find interesting and/or...
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Trailer: AfroLatinos
Produced by Renzo Davia ...
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