America sues Wall Street

America sues Wall Street

Published: 03 September, 2011, 00:44

Wall Street is facing scrutiny over improper practices.

Lawsuits expected to be filed soon will aim to take the big banks off of Wall Street and into the court house.

[…]

Nader Naeimi of AMP Capital Investors Ltd adds that “Bank of America, being at the epicenter of these problems, is going to get smashed.”

via America sues Wall Street — RT.

Mortgage Payments One Month Late Jump as Economy Weakens

Mortgage Payments One Month Late Jump as Economy Weakens

By Kathleen M. Howley – Aug 22, 2011 8:20 AM PT

‎”The percentage of U.S. mortgages overdue by one month rose to the highest level in a year in the second quarter as homeowners who lost jobs were unable to make their payments….”

via Mortgage Payments One Month Late Jump as Economy Weakens – Bloomberg.

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