The attorney general alleges that despite its actions, Countrywide Financial Corporation continued to misinform investors that it maintained stringent mortgage loan underwriting standards that differentiated it from its competitors and other subprime lenders.
From aiCIO Magazine: With 52% of world reserve supply, the Canadian government, along with the Potash Corporation of Saskatchewan and two minor producers, collude to keep potash prices artificially high. Editor-in-Chief Kip McDaniel reports.
Pension industry lobbyists have been
trying to persuade Senate leaders to change and clarify the legislative
provisions that would negatively impact pension fund swaps; the FDIC's
Sheila Bair opposes segregation of swaps units.
ai5000's Joe Flood sits down with bestselling author Michael Lewis to discuss his new book “The Big Short: Inside the Doomsday Machine,” the shifts in Wall Street culture, and today's financial landscape.
