I don’t need to write much – just watch this ABC news undercover video and see confirmation of whatever I have been saying for a couple of years. These guys at Universities of Fraud are worse than vultures. Look at the bold-faced lies by the senior official at the university. [This comes to you via […]
I often compared debt ridden students of “for-profit” colleges like U of Phoenix to sub-prime borrowers. I have been writing about this sector on this blog as a big house of cards which could implode any time. Now I have company. A notable short-seller, no less. [Via Mother Jones] Steve Eisman, the outspoken investor whose […]
The head of the Squid says, “We share some burden.”
Watch this news and tell me if you have any faith in the traditional news channels. By faith, I mean, if you trust them to provide any breaking investigative news that is useful for people. Hey Brian – I love your sense of humor. I know you don’t like blog culture. Why would you? I […]
A complicated story is better understood with a rightly constructed analogy. Goldman’s selling CDOs and shorting them at the same time might be too complicated for some. If you are one of them, just follow these two great analogies. Mystery solved! First Dylan Ratigan’s car manufacturer analogy: Visit msnbc.com for breaking news, world news, and […]
This video is from July 2009. The guy doesn’t mince any words. Goldman and more. Just listen to him. I agree with him all the way. I won’t use the language he uses. Still… ఇతగాడి తిట్లు నాకెందుకో శ్రవణానoదకరముగా నున్నవి.
I was excited to hear this news this morning. However, I am not fully convinced that even a tiny fraction of their fraud is brought to light. This is a bit late, but a decent start. However, I don’t think this doesn’t make any dent in GS. Furthermore, Obama admin may be playing politics here. […]
Do yo want to know how fraud and corruption happens at the behest of the government, in United States? The issue is how to channel money from tax-payer to a pseudo banking organization without having to raise alarm bells. In this case, the Government agency in focus is FDIC. Of course, you can expect a […]
