I have a small group of bloggers really really mad at me for asking them to remove a copyright photo I own from online stories they’ve been writing about how I think twitter can be used. I’ve been ridiculed, sent hate mail, and had attack post written on nearly everything I have or might have […]
Continue5 Feb
First RMBS Putback Suit Win Says Bank Has to Pay it All Back
Tonight a New York federal judge, Rakoff, gave monoline Assured Guaranty a huge win. His trial award was near 100 percent of the toxic loans Assured claimed Flagstar Bank had to pay them back. I have been reporting on resi mortgage security putback suits for three years now and this is the first civil suit […]
Continue5 Feb
Hedgie Harassed by Pizzas also Managed Toxic CDO in DOJ’s S&P Lawsuit
Yesterday I reported on a New Canaan hedge fund manager who had a guy arrested for calling him multiple times saying he was a crook for working at Bear Stearns. The headlines were about some kind of harassment going on where the guy was obsessed with Higgins wife – who he use to date. I […]
Continue4 Feb
Hedgie James Higgins Threaten by Wife’s Ex-Lover
A New Canaan hedge fund manager was subject of a news event last week after reporting he and his wife were being harassed on the phone by a man who allegedly wanted to break them up and then force the hedgie to eat pizza. The initial news report said the man was giving the hedgie […]
Continue3 Feb
Ruth Jones Empire Keeps Crumbling
UPDATE 8-26-13: Ruth Jones was arrested for three counts of larceny felony charges in a real estate scam this week that involved her allegedly renting out the home of NBC senior producer Jennifer Hilton, and keeping the rent money, after she was hired as a listing agent to sell the home. Ruth’s son, Adam Jones, […]
Continue1 Feb
Lanny Breuer: Frontline’s The Untouchables Gets a Remake
Lanny Breuer told the world he’s removing himself from the office of the DOJ criminal division this week. Only a week after an explosive Frontline film, The Untouchables, made him look like kind of silly on camera for his explanation of why no Wall Street Bankers have been charged criminally. To honor Breuer a reader […]
Continue29 Jan
NY AG Schneiderman Tells Frontline A Few Things that Just don’t Add Up
NY Attorney General, Eric Schneiderman, sat down in a rare interview with Martin Smith for his Frontline film The Untouchables. A lot of that interview didn’t make into the PBS documentary film so the transcript of his entire interview has been released. The NY AG pumps up Obama’s mortgage task force as a vehicle that […]
Continue26 Jan
San Bernardino County Backs Down From Shoddy VC Plan Using Eminent Domain
A Southern California government official from a depressed county tried to go up against Wall Street this summer when he shocked the mortgage bond community by telling them he was thinking about using eminent domain to force-buy underwater mortgages out of the securities at a discount. That man was Greg Devereaux, a former city planner, […]
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