Now this is interesting…. Two of the nation’s biggest lenders, JPMorgan Chase and Bank of America, are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be…
Please consider a collections of charts from The “Jobless and Wageless” Recovery from the Great Recession of 2007-2009. Annotations in red (where present)are by me. GDP 2007 Q4 – 2011 Q1 GDP made a new high but look at…
S&P seems to think that when you effectively stick a gun in someone’s mouth and threaten to blow their brains out unless they take your alleged “voluntary” deal that still counts as a default. Standard & Poor’s said today…
