Cherchez la Verite: IS THE GOVERNMENT BANK MORTGAGE DEAL GOOD OR BAD FOR THOSE BEING FORECLOSED UPON? AND IS IT GOOD OR BAD FOR THE BIG BANKS WHO CREATED THE CRISIS? THE FOLLOWING TWO VIDEOS AND ARTICLE ARE IN CHRONOLOGICAL ORDER (THE FIRST ONE IS THE EARLIEST, BUT PERHAPS STILL THE BEST ONE TO VISIT IF YOU ONLY DO ONE)

Saturday, February 11, 2012

IS THE GOVERNMENT BANK MORTGAGE DEAL GOOD OR BAD FOR THOSE BEING FORECLOSED UPON? AND IS IT GOOD OR BAD FOR THE BIG BANKS WHO CREATED THE CRISIS? THE FOLLOWING TWO VIDEOS AND ARTICLE ARE IN CHRONOLOGICAL ORDER (THE FIRST ONE IS THE EARLIEST, BUT PERHAPS STILL THE BEST ONE TO VISIT IF YOU ONLY DO ONE)

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February 9, 2012

Will Government Bank Mortgage Deal Help or Hinder Prosecutions?

Yves Smith: How can Obama Admin. settle before they have fully investigated the fraud

Bio

Yves Smith has written the popular and trenchant financial blog "Naked Capitalism" since 2006. Yves has spent more than 25 years in the financial services industry and currently heads Aurora Advisors, a New York-based management consulting firm specializing in corporate finance advisory and financial services. Prior experience includes Goldman Sachs (in corporate finance), McKinsey & Co., and Sumitomo Bank (as head of mergers and acquisitions). Yves has written for publications in the United States and Australia, including The New York Times, The Christian Science Monitor, Slate, The Conference Board Review, Institutional Investor, The Daily Deal and the Australian Financial Review. Yves is a graduate of Harvard College and Harvard Business School.