Too Good To Be True

Time Shares – Another Shattered Dream

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 […]

CALPERS Pleads Stupidity On Subprime Mortgage Losses

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) – […]

The Perfect Health Care Plan For The Legendary 46 Million

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 […]

Stanford Financial Ponzi Scheme – New Fraud, Old Lessons

Stanford Financial Ponzi Scheme - New Fraud, Old Lessons

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 […]

FHA’s New Mortgage Program – Free Home Plus Trip To Vegas

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 […]

Stanford Financial Investigated

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 […]