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From an Unlikely Source, a Serious Challenge to Wall Street

By Patrick   Follow   Sun, 22 Jul 2012, 10:05am   324 views   2 comments
In Menlo Park CA 94025   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.rollingstone.com/politics/blogs/taibblog/from-an-unlikely-source-a-serious-challenge-to-wall-street-20120720

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1. tts Follow Befriend 2 threads 470 comments

   1   7:42am Mon 23 Jul 2012   Share   Quote   Permalink   Like   Dislike   Unfortunately this is just a puff piece for amounts to a New and Interesting Way for the well connected financeer/banker/VC to squeeze more money out of municipal and state governments. Naked Capitalism did a great piece on it not too long ago: http://www.nakedcapitalism.com/2012/07/the-mortgage-condemnation-plan-fleecing-municipalities-as-well-as-investors.html Sucks Taibbi fell for it, but he can't always be right.

2. FortWayne Follow Befriend (13) 103 threads 3,764 comments

   2   8:54am Mon 23 Jul 2012   Share   Quote   Permalink   Like   Dislike   This scares me. Because I know this isn't done to "aid" anyone, it's only done to fill the pockets of investors complicit in this new scam. And not to mention a huge misapplication of eminent domain.