jon_berzerk
Platinum Member
- Mar 5, 2013
- 31,401
- 7,368
- 1,130
Economic growth picked up to 2.5 percent last quarter - Washington Times
sequestration is killing that momentum
consumer spending always goes up at tax refund time
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Economic growth picked up to 2.5 percent last quarter - Washington Times
sequestration is killing that momentum
Sequester was put forward by the President's team.
Jay Carney: Yes the Sequester Idea Was Put Forward by the President's Team - YouTube
do your own fucking homework
yes and LIKE I said the rule you gave me was about insider trading and not mislabled mortgage securities.
It was a rule on issuers
Why the Government Is Suing Standard & Poor's - Rick Newman (usnews.com)
The problem developed when mortgage lenders began granting loans to unqualified borrowers who should not have gotten them. When home values started to fall, the home equity many of those borrowers had been counting on evaporated, and default rates skyrocketed.
The system failed because nobody accounted for the high proportion of risky loans that ended up rolled into mortgage-related securities, a huge asset class that amounted to at least $3 trillion worth of investments by 2007. Brokers earned fees for each loan they originated, which gave them an incentive to ignore underwriting standards and write as many loans as possible, and even commit fraud.
Banks that made the loans became accustomed to selling them off as investments, reducing their own interest in validating the quality of the loan, since they'd no longer be holding it if something went wrong.
prove you are correct by supplying facts
picking only what you want to see?
Why the Government Is Suing Standard & Poor's - Rick Newman (usnews.com)
The problem developed when mortgage lenders began granting loans to unqualified borrowers who should not have gotten them. When home values started to fall, the home equity many of those borrowers had been counting on evaporated, and default rates skyrocketed.
The system failed because nobody accounted for the high proportion of risky loans that ended up rolled into mortgage-related securities, a huge asset class that amounted to at least $3 trillion worth of investments by 2007. Brokers earned fees for each loan they originated, which gave them an incentive to ignore underwriting standards and write as many loans as possible, and even commit fraud.
Banks that made the loans became accustomed to selling them off as investments, reducing their own interest in validating the quality of the loan, since they'd no longer be holding it if something went wrong.
The problem developed when mortgage lenders began granting loans to unqualified borrowers who should not have gotten them.
Those darn community blackmailers......I mean organizers.
SEC Votes for Final Rules Defining How Banks Can Be Securities BrokersEight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.
remember
SEC Votes for Final Rules Defining How Banks Can Be Securities BrokersEight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.
remember
broker rules dude not insider trading remember?
broker rules dude not insider trading remember?
Oooo, TM has ben going to porn sites for learning how to speak in Freudian Stage I ad hominem attacks. Naughty, naughty, Ms. Matters. Did you tell them you were 18 or something?dear ass licking idiot,
review the thread and count the number of times I posted facts with links to their existance and then count the facts you have offered here.
now go munch some more anus
I don't have to review the thread, go to the first post see who the OP is found out it was you jump to the end and call bull shit
THE END.
run along you master ass need licking