http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/ Keeping a jaundiced eye on the corporate media. Wed, 03 Dec 2008 01:04:41 +0000 http://wordpress.org/?v=2.6 http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-138106 elliott spitzer Mon, 10 Mar 2008 20:06:15 +0000 http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-138106 [...] treatment san antonio alcohol abuse deterrents internationtollensftestsforcalcohol.blogspot.comPartners in CrimePartners in Crime Feb 14th, 2008 by Susie Elliott Spitzer: Predatory lending was widely understood [...] [...] treatment san antonio alcohol abuse deterrents internationtollensftestsforcalcohol.blogspot.comPartners in CrimePartners in Crime Feb 14th, 2008 by Susie Elliott Spitzer: Predatory lending was widely understood [...]

]]> http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-136367 PDinell Thu, 14 Feb 2008 19:11:04 +0000 http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-136367 It is not homeowners and the lenders that put them into homes that wrecked the housing market but real estate speculators and unscrupulous brokers that escalated the market to a point of collapse. These invesors and their broker perpetuators were assisted by the banks that were packaging and selling their loan packages as low risk when the opposite was true. All of this pushed pricing out of line with reality which resulted in the collapse of the market. Homeowners could have made payments if the market had continued a steady increase. It was the turn and burn speculator that fueled the enormous increase in prices that made the collapse inevitable. This was assisted by those in the industry more concerned with immediate profit than long term return. It is not homeowners and the lenders that put them into homes that wrecked the housing market but real estate speculators and unscrupulous brokers that escalated the market to a point of collapse. These invesors and their broker perpetuators were assisted by the banks that were packaging and selling their loan packages as low risk when the opposite was true. All of this pushed pricing out of line with reality which resulted in the collapse of the market. Homeowners could have made payments if the market had continued a steady increase. It was the turn and burn speculator that fueled the enormous increase in prices that made the collapse inevitable. This was assisted by those in the industry more concerned with immediate profit than long term return.

]]> http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-136349 Lending News » Blog Archive » Partners in Crime Thu, 14 Feb 2008 12:53:46 +0000 http://susiemadrak.com/2008/02/14/06/56/partners-in-crime/#comment-136349 [...] admin wrote an interesting post today onHere’s a quick excerptIndividually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures, including New … [...] [...] admin wrote an interesting post today onHere’s a quick excerptIndividually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures, including New … [...]

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