Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> LENDING Latest News

FEB 05, 2016 - Zero Hedge

A Must Read - Share

As Madoff Airs On TV, Two Anonymous Whistleblowers Are Pounding On The SEC's Door Again

Submitted by Pam Martens and Russ Martens via WallStreetOnParade.com, Last night ABC began its two-part series on the Bernie Madoff fraud. Viewers will be reminded about how investment expert, Harry Markopolos, wrote detailed letters to the SEC for years, raising red flags that Bernie Madoff was running a Ponzi scheme – only to be ignored by the SEC as Madoff ...

Tags: As Madoff Airs On TV, Two Anonymous Whistleblowers Are Pounding On The SEC's Door Again,  Lending Latest News

FEB 05, 2016 - Associated Press

A Must Read - Share

HSBC reaches $470M deal with US, states over banking abuses

WASHINGTON (AP) — Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday.

Tags: HSBC reaches $470M deal with US, states over banking abuses,  Lending Latest News

FEB 05, 2016 - Zero Hedge

A Must Read - Share

China's 3 Trillion Dollar Mistake

Submitted by Eugen Bohm-Bawerk via Bawerk.net, When looking at the current state of the Chinese economy it is important to note what happened leading up the ongoing predicament. By managing the USD/CNY exchange rate the Chinese factory worker was essentially funding excess consumption in the United States. One of the many perks enjoyed by global reserve issuer. The factory worker ...

Tags: China's 3 Trillion Dollar Mistake,  Lending Latest News

FEB 05, 2016 - Washington Business Journal

A Must Read - Share

Arizona gets $6.6M from HSBC's $470M mortgage, foreclosure settlement

HSBC Holdings has a reached a $470 million settlement with the U.S. government and 49 states after the British-based international bank was sued over its foreclosure and lending practices. Arizona Attorney Mark Brnovich said Arizona borrowers from HSBC will get $2.6 million in payments and more than $4 million in loan modifications. “Arizona homeowners on the verge of losing their ...

Tags: Arizona gets $6.6M from HSBC's $470M mortgage, foreclosure settlement,  Lending Latest News

FEB 05, 2016 - Newsmax

A Must Read - Share

HSBC Reaches $470M Deal with US, States Over Banking Abuses

Banking giant HSBC has reached a $470 million settlement with the federal government and nearly all states over mortgage lending and foreclosure abuses that officials say helped intensify the country's economic meltdown, the Justice Department announced Friday.The agreement...

Tags: HSBC Reaches $470M Deal with US, States Over Banking Abuses,  Lending Latest News