Contents Finance Posts

Finance contents

This is the contents of my Finance section. It is given as two lists, one short with main headers and one long with subheaders included.

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Short List

Savings and Loan crisis link
  Accounting control fraud link
  Savings and Loan Associations link
  Hiding debt link
  Lincoln Savings and Loan link
  Comparisons between the S&L and subprime crises link
Federal Promotion link
  Support for home owners link
  Going private link
Securitizing link
  Mortgages, MBSs, CDOs, CDSs, synthetic CDOs link
Credit Rating Agencies link
  Bad CRAs driving out good link
The bubble grows link
  Giant fees for bad loans link
The bubble bursts link
  Loans flop and banks let others pay link
Spreading money link
  Pushing money on the banks link
  Exploiting federal money link
The rules link
A new paradigm link
  Fees instead of performance link
  Foreclosure instead of modification link
  From rewarding performance to rewarding failure link
Special companies link
  Specialization link
Default and foreclosure link
  Default, often lender induced link
  Banks, not borrower, profiting on HAMP link
Dirty tricks link
  Pyramiding charges, protracting foreclosure, more link
Victims link
  It was the borrower's fault link
  Banks refuse to correct mistakes link
Larry Delassus and Sunny Sheu link
  Two spectacular cases link
No one expected it link
Special knowledge link
  Only we fully understand link
  Wall Street Gurus link
Bank friendly courts link
Not in court link
  Settlements instead of prosecutions link
Sarbanes-Oxley and other things link
  Sarbanes-Oxley link
  IRS, Lawyers, Accountants and more link
Courts against the banks link
  Not all judges are friends of the banks link
Regulators link
  Lots of regulation link
Obstructions link
Bank reviews link
Settlements link
Alternatives link
Municipalities link
  Municipalities fair game link
Not only mortgages link
Competence link
Regulation link
Theory link
  Praxis and theory link
  The Invisible Hand link
Good pay, bad performance link
  The better the pay, the worse the performance link
  How incentives work link
Conclusion link
  The financial sector taking over link
  Knowledge link
  The government or somebody else link

Long List

Savings and Loan crisis link
  Accounting control fraud link
    Accounting control fraud link
  Savings and Loan Associations link
    Savings and Loan link
  Hiding debt link
    Goodwill link
    Creating fictitious profits link
    Help from firms, help to politicians link
  Lincoln Savings and Loan link
    Lincoln Savings and Loan: No foreseeable risk link
    "make life unbearable for Gray" link
  Comparisons between the S&L and subprime crises link
    Similarities between S&L and subprime crises link
    Differences between S&L and subprime crises link
Federal Promotion link
    The Fed link
    Deposit insurance link
    FHA, Fannie and Freddie link
  Support for home owners link
    Political support for home owners link
    Clinton and Bush push for subprime link
    Push from Consumer Finance Companies? link
  Going private link
    Prime and subprime loans link
    Privates go for subprime link
    Lower standards hurt F&F link
Securitizing link
  Mortgages, MBSs, CDOs, CDSs, synthetic CDOs link
    Mortgages becoming MBSs becoming CDOs link
    CDOs link
    CDS for insurance link
    CDSs and synthetic CDOs link
Credit Rating Agencies link
    CRAs link
    Blackmail to avoid scrutiny? link
    Different rating grades for different securities link
  Bad CRAs driving out good link
    Pressured to give good ratings link
    Many things can go wrong link
    An officially recognized economic advisor link
The bubble grows link
  Giant fees for bad loans link
    Everybody joins link
    Risky loans increase link
    Teasers, liar's loans link
The bubble bursts link
  Loans flop and banks let others pay link
    Prices fall after marketplace opens link
    Investors, not banks, pay for bad loans link
    Selling most likely to fail link
    Too much risk, AIG won't insure any more link
    FHA asked to take over bad loans link
    Most bad loans to investors and F&F link
Spreading money link
  Pushing money on the banks link
    TARP money to banks in need link
    TARP money not used to help economy link
  Exploiting federal money link
    Exploiting federal money link
    Treasury and Fed paying overprice to save AIG link
    Not only give-away link
The rules link
    The cheat goes on link
    A mortgage is two documents link
    Handling according to law not necessary link
    Originators quit conveying the note link
    Robo-signing, affidavits and allonges link
    At first does not hurt borrower link
A new paradigm link
  Fees instead of performance link
    No partnership means no personal responsibility link
    First banks, then much of the financial sector link
    Fees instead of performance link
  Foreclosure instead of modification link
    Modification is good for you and the bank link
    Foreclosure instead of modification link
    Investor managers looting like bankers link
  From rewarding performance to rewarding failure link
    Once there was Ford link
    Big finance taking over industry link
    Government taking over innovation link
    From rewarding performance to rewarding failure link
Special companies link
  Specialization link
    Specialized companies link
    The Mortgage Electronic Registration Systems link
    The Lender Processing Services link
    DOCX link
    Foreclosure mills link
    SPEs and SIVs link
Default and foreclosure link
  Default, often lender induced link
    Default and strategic default link
    With rising prices, wage backing is not important link
  Banks, not borrower, profiting on HAMP link
    Help through HAMP link
    Harm through HAMP link
    Up to 70% of defaulting loans borrower fraud link
Dirty tricks link
  Pyramiding charges, protracting foreclosure, more link
    Many ways to skin a cat link
    Pyramiding charges and other dirty tricks link
    Active duty soldiers targeted? link
    Banks dragging on with foreclosure link
    Breaking foreclosure stay link
    Sloppy handling, passwords shared and more link
Victims link
  It was the borrower's fault link
    The banks didn't do anything wrong link
    They don't deserve to stay in the house link
    The seller does have some responsibility link
    Deadbeat borrower not necessary deadbeat link
  Banks refuse to correct mistakes link
    Foreclosing fully paid link
    Break and entry link
    Chase abuse in Alabama link
    Do banks correct their mistakes? link
Larry Delassus and Sunny Sheu link
  Two spectacular cases link
    Two spectacular cases link
    Larry Delassus link
    Bankruptcy hijacking link
    Sunny Sheu is defrauded link
    Sunny Sheu is dead link
No one expected it link
    Lifetime strongest global economy link
    No one expected it link
    We told you so link
    It wasn't our fault link
Special knowledge link
  Only we fully understand link
    Greenspan: Only we fully understand link
    SIGTARP can't understand brilliant Wall Street link
    Jamie Dimon understanding or not understanding link
  Wall Street Gurus link
    Gurus link
    The wisdom of Wall Street link
    Sowell: Explaining things link
Bank friendly courts link
    Judges for the banks link
    Spurious claims against borrowers' lawyers link
    Big ones go free... link
    ...small fry sentenced link
    Neither guilty nor innocent link
    The decay of law link
Not in court link
  Settlements instead of prosecutions link
    There are prosecutable cases link
    Law hurting business link
    Investigate yourself, promise not to do it again link
    A strong record of compliance with securities laws link
    USA citizens' rights 20 out of 35 link
Sarbanes-Oxley and other things link
  Sarbanes-Oxley link
    Senior executives to certify financial information link
    SEC actively opposed by the government link
    Lehman a clear Sarbox case link
  IRS, Lawyers, Accountants and more link
    IRS for tax avoiders link
    Lawyers and Accountants get a free pass link
    One small fish link
    Bad judgment by high-ranking SEC official link
Courts against the banks link
  Not all judges are friends of the banks link
    Judge for the banks, business as usual link
    Not as usual link
    GMAC sued for $25,000 per false affidavit link
    Attorneys must notify a judge about fraud link
    Wells "duplicitous and misleading" link
    Wells admits systematic abuse, then renegades link
Regulators link
  Lots of regulation link
    Many organizations to control financial market link
    Five fraud investigating groups, total staff one link
    Basel I, II and III link
    Raising leverage and risk link
    Hiding bad assets link
    Lehman daily supervised, failed tests link
    Regulation can force crisis link
Obstructions link
    Cooperation between SEC and Wall Street link
    Treasury obstructing SIGTARP link
    TARP money not used to stimulate the economy link
    OCC forbids banks to submit data link
    Congress to cut SEC founding link
Bank reviews link
    Sound banking practices link
    They shouldn't pay for all the damage they caused link
    Banks and OCC select reviewers link
    Of 10,000 reviewed cases, 0 are found faulty link
    Widely varying times for one review link
    Local audits find lots of errors link
    An account from one reviewer link
    Hires own counsel for "independent" review link
Settlements link
    Banking reviews, just a big mess link
    How to split the money link
    Paid according to how far the review had proceeded link
    Messing up payments link
    Paying by not paying link
    BoA to pay with the money of others link
    Reportable and above "acceptable error rate" link
    Wall Street more important than the individual link
Alternatives link
    Instead of production link
    Lobbying link
    Profit without productivity link
    Buying back own stock link
    Commodities link
    Innovations link
Municipalities link
  Municipalities fair game link
    Becoming Wall Street prey link
    Reward for failure link
    Libor abuse link
    Stupid to believe in competition link
    Municipalities tricked by advisers link
    Jefferson County breakdown link
Not only mortgages link
    Many ways to make money link
    Many shady dealings by JPMorgan link
    Government giving away money link
    Public pension funds link
    Private pension funds link
    Private equity link
Competence link
    Production no more link
    Taking over the economy link
    Socialism for the rich link
    I'm the CEO and I know nothing link
    Blankfein and Dimon don't know link
    Trust me, I can do this link
    Big dip, big rebound? link
    Unfair treatment of bankers? link
Regulation link
    Federal regulation and self-regulation link
    No realistic alternative to bad banks link
    Regulation: Bad or not link
Theory link
  Praxis and theory link
    Theory and praxis link
    The First Fundamental Theorem of Welfare economics link
  The Invisible Hand link
    Adam Smith link
    The invisible hand link
    Production or looting, what pays best? link
    Self-interest symmetric, knowledge asymmetric link
    Free market assumes knowledge link
    Federal supervision dwindles link
    Quid without quo link
Good pay, bad performance link
  The better the pay, the worse the performance link
    CEOs perform worse for better pay link
    Bonuses of millions and billions link
    Bankruptcy CEO Fuld making hundreds of millions link
    Greed, performance and severance money link
    This is Wall Street link
  How incentives work link
    Success addictive link
    Pay can be detrimental to performance link
    Carnegie, Ford, Rockefeller vs the subprime crisis link
Conclusion link
  The financial sector taking over link
    Development link
    Taking over the economy link
    Taking over the government link
    Taking over the law link
    The need for money link
  Knowledge link
    The wisdom of Wall Street link
    Innovations: new fees and hiding bad assets link
  The government or somebody else link
    What the hell do I get link
    The government or somebody else link
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