HSBC’s Heartfelt Apology; Sort Of….
“Greed is good.” Gordon Gecko, Wall Street, 1987. I suppose some would say it is unfair to paint all Big Banks with the same
“Greed is good.” Gordon Gecko, Wall Street, 1987. I suppose some would say it is unfair to paint all Big Banks with the same
In my earlier post, here, I discussed HSBC’s violation of federal bank secrecy laws. Today, the Office of the Comptroller of Currency issued the following
Following a rough and tumble year in the banking industry, Belial Bank’s feckless fearless leader, B.L. Zebub, believes it is high time to bring some
“I don’t care about being strong; I just want to look strong.” [Heard in the gym from a steroid-infused bodybuilder] This statement could have
Background. In 2007 Congress passed the Mortgage Forgiveness Debt Relief Act. The gist of the law is that for those taxpayers who have had debt
[Note: This is the second in a two-part series in managing brokerage risk. In the first article [here] I discussed managing risk “from the top
This is the second installment of my article looking back over the past five years at Portland housing statistics. Part One examined the real reason
Background – 3Q 2007. Looking back, August 2007 was a memorable month, filled with good news and bad. Based upon RMLS™ numbers, it was a
OK, I admit it! I am suffering from chronic MERS fatigue. Every few days, in some part of the country, MERS gets sued by someone.
Question [Hardship Letters]. I am trying to do a short sale. The bank is asking me for a “hardship letter.” What is it they are