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Massive Insider Trading Scheme?

July 22, 2009 By Leave a Comment

In a series of startling articles, the popular financial blog, Zero Hedge, has exposed a few major Wall Street firms such as a Goldman Sachs for using advanced technology in what may be a massive insider trading scheme. The technology, high frequency program trading, is complex but essential for all Americans to understand.

Read the articles:

Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs?

Goldman Sachs: “Engineering Every Major Market Manipulation Since The Great Depression”

Max Keiser: “Goldman Sachs Are Scum”

Goldman’s $4 Billion High Frequency Trading Wildcard

The Dangers Of High Frequency Trading… As Predicted By Lawrence H. Summers

High-Frequency Trading Alert

Is The SLP The NYSE’s Answer To Direct Edge’s “Advance Look” Enhanced Liquidity Provider Program?

The Day That Was – HFT’s Superdominance

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Filed Under: Mortgage Fraud News Tagged With:

Kucinich: ‘Is the Fed paying banks not to loan money?’

July 22, 2009 By Leave a Comment

Ohio Democratic Congressman Dennis Kucinich wants to know: “If [the Troubled Asset Relief Program] isn’t about keeping people in their homes or providing credit to businesses, what is it for?”

Expressing his frustration before the Government and Oversight Committee, the two-time presidential candidate suggested that the Federal Reserve may be paying banks to hoard money and avoid making loans. Read more about the Federal Reserve…

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Filed Under: Mortgage Fraud News Tagged With:

Call Senator Reid’s Office for Foreclosure Help

July 22, 2009 By Leave a Comment

If you’re a homeowner in need of help and trying to avoid foreclosure, Senator Harry Reid says you can call him.

There are a lot of options to help you keep your home, but many don’t know where to start. Read more about foreclosure help…

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Law Gives Renters Eviction Protection

July 22, 2009 By Leave a Comment

Thanks to a new federal law, renters have protection against foreclosure.

According to a news release from Georgia Legal Services Program Inc., the Protecting Tenants at Foreclosure Act of 2009 became effective May 20.

The law applies to any foreclosure on a federally related mortgage or any residential mortgage foreclosure occurring after May 20. Unless extended, the law’s protections will expire Dec. 31, 2012. Read more about eviction protection…

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Filed Under: Mortgage Law Tagged With:
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