Bear Stearns | InjuryBoard Los Angeles

John McCain and Sarah Palin gave their opinions on the federal government's takeover of Fannie Mae and Freddie Mac, yesterday, in the Wall Street Journal. Here are a few of the pair's stances: "The...

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The Hope Now coalition released information yesterday that finds prime foreclosure starts have finally moved ahead of subprime foreclosure starts for the first time since the industry coalition...

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According to CNBC.com, former Federal Reserve Chairman Alan Greenspan said the US is “nowhere near the bottom” of the housing slump and is “right on the brink” of a recession. These remarks greatly...

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In 2007, mortgage brokers and loan officers received huge payouts by lenders like Countrywide, Bear Stearns and IndyMac to put unsuspecting borrowers into expensive loans (supbrime, ALT-A., etc.),...

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Last week, at a Houston fundraiser for Republican congressional candidate Pete Olson, President Bush asked for the TV cameras in the room to be shut off. Unaware that iPhones exist, and that someone could be recording him with such a device, he then proceeded to do a two-minute standup act that one might find David Letterman or Jay Leno doing during their opening monologues. Unfortunately, and in bad taste, Bush chose to make fun of the housing crisis, which can be viewed on YouTube, Facebook and ABC News.

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Ben Bernanke, Chairman of the Federal Reserve, said Tuesday morning that new lending rules would be put into effect next week to restrict exotic mortgages and to help curb other dubious lending...

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IndyMac, in a securities filing late Monday, said that is is working with U.S. regulators on a plan to shore up the company's safety and soundness. However, other than their statements on raising...

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The Center for Responsible Lending released evidence yesterday, June 30, that IndyMac put itself in a hole by, "engaging in unsound and abusive lending during the nation's mortgage boom," (Center...

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On Friday, the Federal Reserve released documents showing why, in March, it chose to save Bear Stearns from bankruptcy. Ultimately, the Fed felt compelled to do something because of fear that...

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U.S. Senator Charles Schumer asked U.S. regulators to analyze the financial health of Indymac, as Schumer believes the company may be on the brink of failure. The FDIC, the Office of Thrift...

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There has been a sharp increase in economic pessimism over the last year, and three out of four Americans blame President Bush for ushering in one of the more turbulent economic periods,...

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On the same day that two Bear Stearns executives were arrested, the FBI announced that 400 people have been charged with mortgage fraud. The FBI has drastically increased its efforts, since March 1,...

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Criminal charges are being filed against managers of two Bear Stearns hedge funds whose collapse triggered the credit crisis last year, this according to the Wall Street Journal. Following...

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Since the rescue of Bear Stearns, there have been dissenting views within the Fed that have suggested the governmentisinducing more risk takingby lenders.The Richmond Fed President, Jeffery...

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As lawmakers make final adjustments and revisions to the House and Senate Housing Bills that will head to President Bush's desk in the coming weeks, I have to ask: Why is it taking this long to help...

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