Sign up for our newsletters    

Sign up for our newsletters   

Baltimore City Paper home page.

3 search results for "Under the Abacus Deals"

Under the Abacus Deals

April 22, 2010
By

Wall Street Journal reporters examine the mortgages beneath the Abacus deals. Nice mix here of foreclosure stories, from a guy who got hit by a truck and a Romanian immigrant who got scammed by a predatory lender, to a woman in California’s Inland Empire who worked as a nursing-home assistant and also somehow allegedly...
Read more »

Posted in Crash Course | No Comments »

Grand Theft Paycheck

April 30, 2010
By
Grand Theft Paycheck

in 2009 the FBI investigated 5,316 bank robberies, recovering approximately $8 million out of a total of $46 million that had been stolen—less than a week’s pay for Paulson.
Read more »

Tags: , , ,
Posted in Crash Course | 2 Comments »

Goldman Fraud Is Not Goldman’s Alone

April 19, 2010
By

Something that occurred to me as I learned of the Securities and Exchange Commission’s civil fraud suit against Goldman Sachs Friday (this New York Times piece has a link to the complaint): Who was buying mortgage-backed paper in mid 2007 and what were they thinking? Anybody whose skull wasn’t filled with oatmeal knew by...
Read more »

Tags: , , , ,
Posted in Crash Course | 12 Comments »