Tags: mortgage backed securities
S&P: Can It Survive a Suit for Fraud?
February 5th, 2013
in econ_news, syndication
Econintersect: There are widespread reports that Standard & Poors will be charged with fraud in a civil suit by the US Department of Justice and an unspecified number of U.S. states. Shares of S&P's parent corporation, McGraw-Hill (NYSE:MH… more »
Treasury is Using Most of QE3 Dollars This Week
November 20th, 2012
in econ_news
The Fed is settling nearly $23 billion of its QE3 MBS purchases today and tomorrow. This is the second round of QE3 cash hitting the market. The first was last Wednesday, with a total of nearly $37 billion. These settlements would normally provide a l… more »
Goldman to SCOTUS: Save Wall Street
November 6th, 2012
in econ_news, syndication
Econintersect: The Goldman Sachs' argument to the Supreme Court of the United States (SCOTUS) is that of a victim being subjected to the claims of a party with no standing to make a claim. Goldman (NYSE:GS) has filed an appeal with the SCOTUS requestin… more »
New York Fed Pres. Dudley: Mortgage Market Too Concentrated
October 16th, 2012
in econ_news, syndication
Econintersect: New York Federal Reserve Bank president William C. Dudley said that the U.S. mortgage market is from competitive. Dudley addressed the National Association for Business Economics Annual Meeting, New York City, Monday 15 October 2012. Dd… more »
Barry Ritholtz: Time for a Modern Pecora Commission?
January 30th, 2012
in econ_news
Econintersect: Nearly four years after the crash of 1929 Ferdinand Pecora (pictured) received broad powers of investigation to determine what had caused the crash and the subsequent collapse that led to the Great Depression. It is now nearly four years… more »
