Rebirth Of The Toxic Twins

Editorials Investors.com 10/20/2014

Subprime Redux: Mel Watt’s easy credit crusade is now off and running. Fannie Mae and Freddie Mac’s chief regulator has officially lowered lending standards for the entire mortgage industry. Here we go again.

In January, we warned that Watt’s swearing-in as head of the Federal Housing Finance Agency would mark the start […]

Treasury Gets a Citibanker

From Wall Street failure to the pinnacle of finance in four short years.

The Wall Street Journal 1/28/2013

There was a time when you had to be successful on Wall Street to become secretary of the Treasury. Now along comes presidential nominee Jack Lew, whose only business credential is a stint at the most troubled […]