The Great Debate

Occupy the mortgage lenders

By Simon Johnson
October 21, 2011

By Simon Johnson
The opinions expressed are his own.

Participants in the Occupy Wall Street movement are right to argue that the big banks have never properly been investigated for the mortgage origination, aggregation, and securitization behavior that was central to the financial crisis – and to the loss of more than eight million jobs. But, thanks to the efforts of New York’s attorney general, Eric Schneiderman, and others, serious discussion has started in the United States about an out-of court mortgage settlement between state attorney generals and prominent financial-sector firms.

How will the Fed get off its Tiger?

By J Saft
December 19, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –