Too Good To Be True

By Bill Zielinski • July 23rd, 2009

Vacation Turns Into Financial Nightmare
Anyone who has vacationed to a tropical resort cannot be blamed for thinking how great it would be to own a piece of paradise.  Those who succumbed to the charms of the omnipresent [...]

Calpers Blames Rating Agencies For Losses
Fallout from the financial world’s past love affair with subprime mortgages continues as the California Public Employees’ Retirement System (Calpers) announced it is suing the rating agencies.
NEW YORK (Reuters) - Calpers, the [...]

Another Government Solution At Zero Cost
Congress has been working hard lately as one trillion dollar legislative decree after another has “solved” the banking crisis, the global warming crisis and the foreclosure crisis.  In between all of this, [...]

Stanford Free - Does Crime Pay?
On February 17, 2009 Stanford Financial was accused by the SEC of defrauding investors and engaging in a “massive, ongoing fraud”.  The fraud was perpetrated by seducing investors with “improbable if not [...]

100% Plus Financing Available
The American Recovery and Reinvestment Act of 2009, passed early this year, provides up to an $8,000 tax credit for first time home buyers.   The tax credit refund would be given to the home [...]

Investors Flunk “Too Good To Be True” Test Again
“You only find out who is swimming naked when the tide goes out” - Warren Buffet
The tide has been going out for several years now and we are discovering [...]