Search results for subprime
Former Ameriquest Worker Describes Deliberate Deceptions Used on its Customers
Americans are losing their homes in record numbers due to subprime lenders who allegedly lied to customers about their mortgages. Some former employe read more
Location: USA
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The Crash of 1929: Are We on the Verge of a Repeat?
Hedge funds have helped create a counterfeit economy that some experts say could lead to another full-blown economic depression. read more
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Wall St. plunges on credit fears; Dow sinks two percent
US shares plunged Thursday in one of the worst selloffs this year, as investors gripped by housing market and "credit crunch" fears ran for cover.The Dow Jones Industrial Average sank as much as 448 points before bouncing back somewhat, ending with a read more
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Fear and Loathing in Middle America
Author Joe Bageant's "Deer Hunting with Jesus: Dispatches from America's Class War" gets down and dirty with the hardship economics in Middle America. read more
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A Brief History of the Current Credit Mess
Confused about today's credit crisis? Bonddad offers a run-down of how we got here. read more
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Very Scary Things
What's been happening in financial markets over the past few days is something that truly scares monetary economists: liquidity has dried up. read more
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Subprime or Subcrime? Time To Investigate and Prosecute
The "subprime" credit crunch is really a sub-crime ponzi scheme in which millions of people are losing their homes because of criminal tactics by financial institutions. read more
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Subprime or Subcrime? Time To Investigate and Prosecute
The "subprime" credit crunch is really a sub-crime ponzi scheme in which millions of people are losing their homes because of criminal tactics by financial institutions. read more
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How risky US home loans caused global tremors
The turmoil on global stock markets stemming from bad investments in high-risk US property loans has sparked fears of broad repercussions for the global economy.Only three weeks ago the main US stock index, the Dow Jones Industrial Average, broke thr read more
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Debt Crisis: No Bail-Outs for Loansharks
The real-estate bubble of recent years, like the stock bubble of the late 1990s, was both caused and fed by widespread malfeasance. Now, those same bad actors want to be rescued by the "nanny state." read more
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