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Friday, March 16, 2012

Randy Wray — The $7 Trillion Dollar Question That Haunts Banks


Read it at Economonitor | Great Lead Forward

The $7 Trillion Dollar Question That Haunts Banks: When Will The Obama Administration Recognize That Mers Destroyed The Chain Of Title Making All Foreclosures Suspect?
by L. Randall Wray

5 comments:

  1. Ed Miliband (Leader, UK Labour Party) has pledged to "conquer" youth unemployment, as he said Labour would guarantee a job to unemployed young people if they came to power.

    The party's "real jobs guarantee" would offer six months' work to those aged 18 to 24 who had been jobless for a year.

    http://www.bbc.co.uk/news/uk-politics-17394506

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  3. David Dayen at Firedoglake.com has been writing a lot about the housing frauds.

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  4. why did Miiband only give six months? a compromise?

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  5. Let's see, on the one side you have the short sales, on the other, MERS lawsuits.

    Ivory Soap meets Ivory Tower.

    Couldn't happen to a nicer bunch of guys.

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