Kudos to Massachusetts Senator Elizabeth Warren for ripping Citigroup apart last week in her challenge to Congress and exposing Wall Street’s continued unethical activities. Senator Warren vehemently objected to a little-known provision written by Citigroup and inserted in the year end funding bill that would undo a new financial regulation and allow Wall Street to… [Read More]
It’s Déjà Vu All Over Again! Is the Financial Crisis Restarting?!
The recent WSJ announcement of the loosening of credit standards at Fannie and Freddie leaves me stunned. Seems as if the government doesn’t learn from experience. It is déjà vu all over again! It was reckless government policies that started the financial meltdown to begin with. This loosening of credit standards and allowing folks to… [Read More]