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Jul 31, 2014

Futenma Relocation Crisis Not Over For Abe Government

Is the U.S. Marina Futenma airbase really needed? The RAND Corporation says no. Is Futenma “relocation” to Henoko justified? No. Expect huge protests in Okinawa and elsewhere and more big trouble for Abe in November... #RAND Corporation #Okinawa

Jul 30, 2014

Bank of America's Countrywide ordered to pay $1.3 billion

Bank of America Corp.'s Countrywide unit was ordered to pay $1.3 billion in penalties for defective mortgage loans sold to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, a little more than half of what the federal government h... #Bank of America #Freddie Mac #Fannie Mae

Jul 29, 2014

Strange Things Are Happening In Hungary's Banking Sector

The Hungarian banking system has been a thorn in the Hungarian government's side for quite some time. A large proportion of it is foreign-owned, which makes it more likely that there would be outflows of capital and restriction of essential lending a... #Bank of America #Freddie Mac #Fannie Mae