Tag Archives: Recession

Marc Faber ‘s outlook for 2009 pt 2/2

Marc Faber ‘s outlook for 2009 pt 2/2 Marc Faber Peter Schiff Bloomberg Money Politics Dollar economy crisis bailout recession housing bubble stock market wall street Great depression yen euro mortgage banks … Marc Faber Peter Schiff Bloomberg Money Politics Dollar economy crisis bailout recession housing bubble stock market wall street Great depression yen euro mortgage banks

POI: Shariah compliant Mortgages and Investment in America

I find this to be extremely relevant now during the Global economic crisis. Islamic financing can provide a more ethical and more customer tailored approach to where your money goes. Here is a basic summary of Islamic Financing: 1. Joint sharing in risk and reward which provides responsibility and fairness to all parties. 2. Interest is prohibited. 3. Mudaraba (entrepreneurship or partnership with effort and experience). 4. No activities that are similar in nature to gambling. Here’s the …

Citigroup Bankruptcy: Federal Reserve & SEC Response

why the mortgage crisis, although real, is a ruse distracting the public from the real source of the problem. This is an unregulated shadow banking system dominated by hedge and private equity funds. Step one to turn the economy around should be that President Bush, Federal Reserve Chair Bernakke and SEC Chair Christopher Cox require these funds to register with the SEC and disclose their holdings and related accounting practices. Only then can confidence be restored. … Bill Parish Citigroup …

Lehman Update 4/5/08

Visit my new blog… mrmortgage.ml-implode.com Lehman ALT-A Update. A closer look at the nasty, low quality, low fico, high LTV ALT-A loans that Lehman pushed for years. This is an eye opener. … Mr Mortgage housing bubble bust home crisis Lehman Bear Stearns recession banks foreclosure real estate Subprime Alt

Help Homeowners Level the Playing Field

Joan Adams is living out of a Motel 6 in the suburbs of Orange County, California. She lost her home to foreclosure. Theres no one out there to help, Joan says. Billions of dollars to all the banks for bailouts for something they caused, and yet were the ones that are homeless. Sign our petition to let Congress know that you support Conyers bill, HR 1106. Then, call your Congressional Representative and ask him or her to vote for it. Petition: fightingforourhomes.com Find your Congressional …