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  • Off the Shelf: Economy's Loss Was One Man's Gain 6 Dec 2009 07:35 GMT
    ... How did he do it? His fund purchased insurance contracts - called ... mortgage debt at the peak of the real estate boom. Their value soared when the subprime ... help a man who wanted the most toxic mortgages imaginable so he could profit when they ...

  • Paul Epstein: How quickly people forget where U.S. was a year ago 6 Dec 2009 05:20 GMT
    ... administration had dug and the fact the housing and financial meltdown had nearly buried us ... no shame.) massive faceless banks holding complicated toxic mortgage securities that it is worth the ...

  • Recovery won't work without jobs, stable housing market for Blacks and Latinos 4 Dec 2009 21:12 GMT
    ... Recovery won't work without jobs, stable housing market for Blacks and Latinos By Janis ... an FHA loan ended up in a toxic mortgage.Ā Arguably, many would not be facing ...

  • Economy's Loss Was One Man's Gain 5 Dec 2009 23:32 GMT
    ... How did he do it? His fund purchased insurance contracts - called ... mortgage debt at the peak of the real estate boom. Their value soared when the subprime ... help a man who wanted the most toxic mortgages imaginable so he could profit when they ...

  • Business leaders split on economy 3 Dec 2009 05:35 GMT
    ... was its 123 California branches. Golden West's toxic mortgage loans were the main reason behind ... around 10 percent. The stock market and housing will continue to improve, and the number ...

  • Goldman Gets All The Attention. Does J.P. Morgan Get a Free Pass? 2 Dec 2009 09:06 GMT
    ... Morgan did have to write down WaMu's toxic mortgage assets by $31 billion and reserve ... on that made some mistakes during the housing and credit boom and pushing for financial ...

  • Reporter who foresaw subprime crisis dies 29 Nov 2009 11:14 GMT
    ... Mark Pittman, the award-winning investigative reporter whose fight to open ... did his reports on U.S. banks exporting toxic mortgages overseas, on Treasury Secretary Henry M. ... ratings analysts whose companies profited from the housing boom. Pittman provides an anchor for the ...

  • Mark Pittman, reporter who foresaw subprime crisis, dies at 52 28 Nov 2009 11:34 GMT
    ... Mark Pittman, the award-winning investigative reporter whose fight to open ... did his reports on U.S. banks exporting toxic mortgages overseas, on Treasury Secretary Henry M. ... ratings analysts whose companies profited from the housing boom. Pittman provides an anchor for the ...

  • MARK PITTMAN, 52: Reporter foretold effects of subprime mortgage crisis 30 Nov 2009 07:30 GMT
    ... Mark Pittman, 52, an award-winning reporter who wrote stories in ... He also reported on U.S. banks exporting toxic mortgages overseas and on the role Henry ... ratings analysts whose companies profited from the housing boom. Bloomberg's lawsuit against the Fed, which ...

  • Mark Pittman dies; reporter foretold mortgage industry woes 30 Nov 2009 07:31 GMT
    ... Mark Pittman, 52, an award-winning reporter who wrote stories in ... He also reported on U.S. banks exporting toxic mortgages overseas and on the role Henry ... ratings analysts whose companies profited from the housing boom. Bloomberg's lawsuit against the Fed, which ...

  • Paying the piper 29 Nov 2009 02:50 GMT
    ... Nearly every West Virginian is still feeling the effects of ... large part by a burst in the housing bubble. Home buyers with adjustable rate mortgages ... other lending institutions were stuck with so-called toxic mortgages. Those losses reduced the capital base ...


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