Waiting For Wall Street to “Pull an OJ” “Have you no sense of decency, sir? At long last, have you left no sense of decency?” –Joseph Welch, head counsel for the U.S. Army, to Senator Joseph McCarthy; Army-McCarthy Hearings (June 9, 1954) With that one, withering rebuke, Joseph Welch spelled the beginning of the end...Read More
The Quick & Simple Way to Fix Wall Street[Editor’s Note: in a post last week, “Financier, Heal Thyself? Don’t Count On It,” I promised a part 2. This is it. Heads up: if you read this blog purely for real estate content, or want a post with a little levity — skip this one.] Want...Read More
Look Who’s Cashing in on the Mortgage Mess Fairly or not, Countrywide Financial and its top executives would be on most lists of those who share blame for the nation’s economic crisis. After all, the banking behemoth made risky loans to tens of thousands of Americans, helping set off a chain of events that has...Read More
Preventing Depression — Financial & Otherwise[Editor’s Note: Realtors are private citizens and taxpayers, too. You’d have to be living in cave not to be aware of — and outraged by — the conduct of Wall Street principals in the ongoing financial mess. The following post is a response to that behavior.] Dismayed — infuriated? disgusted?...Read More