With slightly less than 6,000 votes cast, a majority (64%) say yes. Cast your vote now.
IT NEVER ENDS - U.S. Bancorp Sues Bank Of America Over $1.75 Billion Pool Of Fraudulent Countrywide Mortgages
Yes, another lawsuit related to Countrywide. When are BofA shareholders going to sue former CEO Ken Lewis for leading the worst corporate takeover in U.S. history.
Looking closely at the chart is an eye-opening experience. As the first two columns show, receipts (i.e., revenues) and outlays (i.e., expenditures) moved up and down throughout our history. In 1965, however, something historically unusual, something literally deviant, began: Spending increased every single year, non-stop, consistently, without exception, into the Obama presidency, from 1965-2009.
There are few constants in the universe: gravity, the sunrise, the oceans, the moon. Add another: spending by the federal government; it rises every year.
Bernie Sanders Introduces Bill To Lift The Payroll Tax Cap, Ensuring Full Social Security Funding For 75 Years (VIDEO)
Video - Bernie Sanders On Social Security - Aug. 24, 2011
Outstanding short speech. Full details inside.
Back to the capital-raising drawing board for beleaguered Bank of America as Sheila Bair puts the kabash on the previously agreed-upon settlement for Countrywide's fraudulently packaged mortgage bonds.
The final decision, due in November, is up to the courts, but the FDIC's opposition is not good news, and could end up costing BofA more than the expected $8.5 billion, as you will read inside, further cementing Ken Lewis' $5 billion purchase of Countrywide, as the worst corporate takeover in U.S. history.