This is a great sources for anyone wishing to know “what is going on” in these dire financial times. I have referenced Catherine Austin Fitts many times. You won’t hear very much from her or about her view in the main media. She knows as an insider how the system works. So her interviews are truthful and she tells it like it is–Pulls No Pushes. If you are concerned about the direction the country and world is going, how it will affect you and your family, and how to survive and thrive, I urge you to subscribe to her News Blog.


This Week at the Blog

Goldman Sachs remains in the hot seat this week, agreeing to pay $60 million to the Massachusetts Attorney General for subprime mortgage shenanigans and seeking to repay TARP funds to avoid restrictions on employee compensation. Goldman showed up as one of the financial industry contenders for “Worst Corporation of 2009.” As a secured creditor on Chrysler, Goldman took quite a write down but it looks like they did a lot better than the dealers.

* Goldman to Pay $60 Million in Subprime Settlement with Mass AG
* Morgan Stanley, JPMorgan, Goldman Said to Apply to Repay TARP
* Vote for Worst Corporation of 2009
* Chrysler and GM to Dealers: Drop Dead

The simple truth is that borrowers are victims of predatory lending and don’t realize they’ve been taken advantage of…
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