All Topics

• The Subprime Mess and Phil Gramm: An Experiment in Deregulation

  Paul Kiesel | June 24, 2008 4:12 PM | 9 CommentsLos Angeles, CA

  In 1933, a few years following the stock market crash, Congress passes the Glass-Steagall Act, in hopes that regulating banks will help prevent market instability, particularly amongst Wall Street...

• Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Paul Kiesel | October 27, 2008 5:22 PM | 8 CommentsLos Angeles, CA

  As noted last week, the FDIC and Congress both have foreclosure bailout plan proposals that would require the government to buy under water mortgages and place those borrowers into government backed...

• On Mortgage Fraud: McCain vs. Obama

  Paul Kiesel | September 04, 2008 8:13 PM | 8 CommentsLos Angeles, CA

  Senators Barack Obama and John McCain want to go after predatory lenders. Senator Obama, contrary to Alaskan Governor Sarah Palin's claims about his Senate record in her acceptance speech at the...

• Governor Paterson Opposes Sex Abuse Bill, More Worried with Churches Going Bankrupt

  Paul Kiesel | March 30, 2009 7:59 PM | 5 CommentsLos Angeles, CA

  For reasons that are seemingly illogical, New York Governor David Paterson told Newsday that he opposes an Assembly bill that would allow sex abuse victims to have their day in court. In siding...

• America's Worst Bishops

  Paul Kiesel | March 09, 2009 8:26 PM | 5 CommentsLos Angeles, CA

  There are obviously many more pedophile-priests than what is listed below, however, these vignettes are from a 2002 blog, right before the news media caught on to the clergy sex abuse...

• Washington Mutual's Lending Operation: A Boiler Room Environment

  Paul Kiesel | November 04, 2008 3:26 PM | 5 CommentsLos Angeles, CA

  Yesterday, the New York Times reported on a senior mortgage underwriter who had, previous to the subprime and pay option ARM loan boom, been proud of her ability to spot fraud and other problems in...

• Michigan Republicans Plan to "Foreclose" on Voters to Help McCain

  Paul Kiesel | September 12, 2008 8:06 PM | 5 CommentsLos Angeles, CA

  According to CBS News, Michigan Republicans are planning to use a list of foreclosed homes throughout the state to block people from voting in the upcoming presidential election in counties where...

• The Angelo Mozilo Reply

  Paul Kiesel | May 21, 2008 5:12 PM | 5 CommentsLos Angeles, CA

  Angelo Mozilo, the Chairman of Countrywide Financial Corportation, inadvertantly replied to an e-mail from a mortgagee (he meant to forward it on to other executives), Daniel Bailey Jr., who was...

• Why Cardinal Mahony is Wrong About the Catholic Church Being Safer Today for Children

  Paul Kiesel | April 24, 2009 8:32 PM | 4 CommentsLos Angeles, CA

  From The Times: by Tom Perry There is a common reaction from people whenever I talk about the sexual abuse that I and other pupils suffered at the hands of teachers at Caldicott boarding school in...

• Cardinal George "Embarrassed" of Obama Speaking at Notre Dame, But Indifferent to Clergy Abuse Matters?

  Paul Kiesel | April 02, 2009 3:16 PM | 4 CommentsLos Angeles, CA

  Cardinal Francis George, Chicago's eighth Archbishop, is ripping Notre Dame for inviting President Obama to speak at the school's commencement. From The Huffington Post: [. . .] Cardinal Francis...