Sunday, May 19, 2013. Last Update: Fri 4:09 PM EST

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Yves Smith

Audit Notes: Mortgage Industry Conflicts of Interest Edition

American Banker has a smart story on "How Not to Make a Mortgage Servicing Settlement," taking a look at the... More

Audit Notes: Toxic Assets, Foreclosure Mills, SEC (Finally) Looking at CDOs

What ever happened to that pile of toxic assets that the banks were sitting on? Wall Street Journal reporter Michael... More

Bloomberg Eyes Bank of America’s Derivatives Move

Bloomberg News reports that Bank of America (with Federal Reserve approval) put Merrill Lynch credit-default swaps into BofA's deposit-holding arm... More

Watchdogs Eye the AG’s Foreclosure Fraud Settlement

Gretchen Morgenson yesterday criticized the states attorneys general for their proposed foreclosure fraud settlement, writing that it's a slapdash rush... More

The completist guide to Star Trek

Matt Yglesias watched every Star Trek movie and every episode of every TV show in the franchise

The uncomfortable questions not raised by Benghazi

The press and Congress are asking the wrong questions

Rob Ford in ‘crack cocaine’ video scandal

A video that appears to show Toronto’s mayor smoking crack is being shopped around by a group of Somali men involved in the drug trade

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