Category Archives: wall street

A Contrarian Opinion About Amazon: The Last Bubble Standing! earnings

Anyone watching on the afternoon that Amazon reported earnings saw an immediate jump of about 20% in its share price! The euphoria (+$40 billion in market cap) was due to a small reported profit when a loss had been expected along with the performance of the company’s cloud computing division. The stock of had closed […]

Buyer beware of mortgage securitization audit scams

What is a mortgage securitization audit? First things first, what is a mortgage securitization? This topic is vast and it opens up the world of Wall Street, the mortgage industry, the real estate boom, foreclosures and an investment product that you may or may not have heard of by the name of REMIC’s. It gets […]

Video trailer of “Inside Job”, Academy Award winner for Best Documentary

Academy Award winning documentary on Wall Street, greed and lack of any prosecutions of the key players From the New York Times @font-face { font-family: “Cambria”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: “Times New Roman”; }div.Section1 { page: Section1; } “Inside Job,” a searing piece of muckraking on the causes […]