Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
Fed Report Defends Banks, Finds No Wrongdoing
+4
chopthis91
Jobless_in_Ma
great4545
gettheminNOVEMBER
8 posters
Page 1 of 1
Fed Report Defends Banks, Finds No Wrongdoing
Not surprising, the Fed has found no wrongdoing with mortgage banks. This doesn't surprise me since the Fed only exists to protect Wall Street and such a ruling would cause a dramatic drop in the stock market ...
http://www.huffingtonpost.com/2011/03/10/fed-reports-finds-no-wron_n_834010.html
http://www.huffingtonpost.com/2011/03/10/fed-reports-finds-no-wron_n_834010.html
Guest- Guest
Re: Fed Report Defends Banks, Finds No Wrongdoing
The game was rigged from the start. They will take even more risks now that they got away with it.

gettheminNOVEMBER- Member
- Posts : 2626
Join date : 2011-02-21
Age : 48
Re: Fed Report Defends Banks, Finds No Wrongdoing
They're about to get hit again.
There's a new "real estate bubble" that is looking for the mortgage industry ... the farming real estate. Apparently, it could happen sooner than they think:
http://www.nytimes.com/2011/03/04/business/04farms.html?_r=1&partner=rss&emc=rss
There's a new "real estate bubble" that is looking for the mortgage industry ... the farming real estate. Apparently, it could happen sooner than they think:
http://www.nytimes.com/2011/03/04/business/04farms.html?_r=1&partner=rss&emc=rss
Guest- Guest
Re: Fed Report Defends Banks, Finds No Wrongdoing
I just want them to hurry up and forclose on my house so I can move on wtih my life.
great4545- Member
- Posts : 4
Join date : 2011-03-08
Re: Fed Report Defends Banks, Finds No Wrongdoing
great4545 wrote:I just want them to hurry up and forclose on my house so I can move on wtih my life.
It took almost a year for them to foreclose on our place..
Re: Fed Report Defends Banks, Finds No Wrongdoing
The Feds shareholders ARE THE BANKS so why would the Fed say anything against itself?
chopthis91- Member
- Posts : 226
Join date : 2011-02-20
Age : 72
Location : South Florida
Re: Fed Report Defends Banks, Finds No Wrongdoing
http:finance.yahoo.com/news/In-Financial-Crisis-No-nytimes-220826417.html?x08.v=1
jchapman- Member
- Posts : 70
Join date : 2011-02-18
Re: Fed Report Defends Banks, Finds No Wrongdoing
wonder how much that report cost the big banks???
americatheneedy- Member
- Posts : 311
Join date : 2011-02-21
Location : North Carolina
Re: Fed Report Defends Banks, Finds No Wrongdoing
Please stop complaining about banks. A good thing to do is build up your credit score then you can get lower interest payments on your next loan. Make their system work in your favor.
pbrad009- Member
- Posts : 46
Join date : 2011-03-07
Re: Fed Report Defends Banks, Finds No Wrongdoing
pbrad009 wrote:Please stop complaining about banks. A good thing to do is build up your credit score then you can get lower interest payments on your next loan. Make their system work in your favor.
You do realize you are posting this advice on an UNEMPLOYMENT forum? Not the sharpest knife in the drawer, huh? Generally it is almost impossible to improve ones credit score while out of work, just sayin......
lizalphonso- Member
- Posts : 35
Join date : 2011-03-16
Re: Fed Report Defends Banks, Finds No Wrongdoing
Lizalphonso, what positive advice do you have for us? Or shall we just be satisfied with your putting me down?
Assuming you're correct about the credit score, then how would you remedy the problem? Suggesting the banks are evil and manipulative is not going to fix anything.
A positive attitude and outlook are key. If you're facing foreclosure, God may have another home in store for you. If you lost your job, there may be a better paying position opening soon. Millionaires win - and lose - fortunes on a regular basis. So don't think it only happens to the little guy.
Banks and other mortgage lenders were only operating under government regulations, and had to keep afloat by raising the rates on the ARMs.
I hope you eventually find happiness and contentment.
Assuming you're correct about the credit score, then how would you remedy the problem? Suggesting the banks are evil and manipulative is not going to fix anything.
A positive attitude and outlook are key. If you're facing foreclosure, God may have another home in store for you. If you lost your job, there may be a better paying position opening soon. Millionaires win - and lose - fortunes on a regular basis. So don't think it only happens to the little guy.
Banks and other mortgage lenders were only operating under government regulations, and had to keep afloat by raising the rates on the ARMs.
I hope you eventually find happiness and contentment.
pbrad009- Member
- Posts : 46
Join date : 2011-03-07

» U.S. Economy Trades High-Paying Jobs For Low-Paying Positions, Report Finds
» Lawmakers Push Back Against Banks, Banks Complain Settlement Unfair
» OLBERMANN CORNELL SPEECH DEFENDS UNIONS/FOOD STAMPS
» Anita Perry Defends Her Husband’s Job Creation Record: ‘People Are Hungry For’ Minimum Wage Jobs
» Gallop Report vs US Report
» Lawmakers Push Back Against Banks, Banks Complain Settlement Unfair
» OLBERMANN CORNELL SPEECH DEFENDS UNIONS/FOOD STAMPS
» Anita Perry Defends Her Husband’s Job Creation Record: ‘People Are Hungry For’ Minimum Wage Jobs
» Gallop Report vs US Report
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» UF2 Members Chat Thread: Part 3
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
» I see this board has been quiet
» Hello Ya'll. *Theirmommie*
» 20 % of Americans Struggle To Buy Food
» The Make Some One Day Challenge
» Clues to why they not hiring you
» New Year Nothing Change
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
» Forbes: America's #1 Problem is Jobs, Not Debt
» Economy just getting worse
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
» Hey Guys!!!!
» Up all NIGHT WORRIED!