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Category Archive: Finance

  1. CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS" rel="bookmark">CRIMINAL LAW 101 – WHITE COLLAR CRIME AND THE CREDIT CRISIS

    In my first year of law school I learned why enforce­ment of crim­i­nal and civil law is essen­tial for the United State’s social and eco­nomic func­tion­ing. Appar­ently, the elite lawyers of the Bush Admin­is­tra­tion didn’t learn the same les­son since they have a non-existent enforce­ment pol­icy which has made the US finan­cial mar­kets a Petri […] [read full story]

    Posted in: BANKS, Bernanke, Brokerage, Bush Administration, Credit Crisis, Criminal Law, Federal Reserve, Finance, McCain, Obama, REGULATION, SEC
  2. PRIVATE STUDENT LOANSTHE LIQUIDITY CRISIS SPREADS" rel="bookmark">PRIVATE STUDENT LOANSTHE LIQUIDITY CRISIS SPREADS

    Today the New York Times pub­lished an arti­cle titled Agency in Mass­a­chu­setts Is Stop­ping Col­lege Loans. Accord­ing to the arti­cle approx­i­mately 40,000 stu­dents that either live or attend school in Mass­a­chu­setts are just find­ing out that the Mass­a­chu­setts Edu­ca­tion Financ­ing Author­ity (“MEFA”) isn’t going to be pro­vid­ing financ­ing for tuition bills that were due in […] [read full story]

    Posted in: BANKS, Credit Crisis, Finance, New York Times, Student Loans
  3. CHRYSLER OFFICIAL GRADUATES FROM THEBAGHDAD BOB SCHOOL OF CORPORATE COMMUNICATIONS”" rel="bookmark">CHRYSLER OFFICIAL GRADUATES FROM THEBAGHDAD BOB SCHOOL OF CORPORATE COMMUNICATIONS

    Remem­ber Bagh­dad Bob, the for­mer Infor­ma­tion Min­is­ter of Iraq? Well, Jim Press, Co-President of Chrysler, appears to have grad­u­ated from the Bagh­dad Bob School of Cor­po­rate Com­mu­ni­ca­tions. On Fri­day, Press said it was good that Chrysler sud­denly sus­pended vehi­cle lease financ­ing and declared that deal­ers and cus­tomers should be happy. Press blamed the cur­rent envi­ron­ment for […] [read full story]

    Posted in: Automobile, Chrysler, Credit Crisis, Finance, Leasing, New York Times