Posts Tagged ‘ Credit Default Swaps ’

House begins work on overhaul of financial regulation

Wednesday, October 14, 2009
By LD Jackson
House begins work on overhaul of financial regulation

Let’s see now, Congress hasn’t even finished work on health care reform and now the House of Representatives is taking up another issue that has been a priority of President Obama. In my opinion, one of the main reasons Obama won the election against John McCain was the complete and total meltdown of the...
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Mortgage companies under investigation by the FBI

Tuesday, September 23, 2008
By LD Jackson
Mortgage companies under investigation by the FBI

In a new development concerning the economic crisis surrounding the mortgage industry, FOX News is reporting the FBI is investigating mortgage finance companies Fannie Mae and Freddie Mac, along with Insurer American International Group (AIG) and Lehman Brothers. While I am not a vindictive person, I believe this investigation is a good thing, if...
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